Module: General Practice
Q27: What principle do co-operative banks follow in their functioning?
✅ Correct Answer: B
No-profit no-loss.
Co-operative banks function on the basis of "no-profit no-loss," prioritizing service to members over commercial gain in the Banking Structure in India.
Co-operative banks function on the basis of "no-profit no-loss," prioritizing service to members over commercial gain in the Banking Structure in India.