Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q24: How are co-operative banks often established in terms of community or interest?

A
By government authorities
B
By foreign investors
C
By individuals from various backgrounds
D
By persons from the same local or professional community or with a common interest
✅ Correct Answer: D
By persons from the same local or professional community or with a common interest.
This community-centric approach helps serve specific demographics within the Banking Structure in India.