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What is the full form of "CCB"?

  • A.Credit Confirmation Base
  • B.Chennai Co-operative Bank
  • C.Cash Credit Base
  • D.Central Co-operative Bank

Answer: D

Correct answer: Central Co-operative Bank

A central co-operative bank occupies the middle tier of the three-tier short-term co-operative credit structure, operating at the district level.

Above it is the state co-operative bank and below it the primary agricultural credit societies in the villages. Its members are those societies rather than individuals, and its function is to channel funds down to them and to balance surpluses and deficits between them. NABARD refinances the structure, and the Reserve Bank regulates its banking business.

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