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The co-operative credit societies have a

  • A.Two-tier structure
  • B.Three-tier structure
  • C.Four-tier structure
  • D.Five-tier structure

Answer: B

The co-operative credit societies have a three-tier structure.

Primary agricultural credit societies at village level, central co-operative banks at district level, and a state co-operative bank at the apex. Long-term credit runs through a parallel two-tier structure of land development banks.

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