Cooperative Banks in India

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31. What percentage of profit from a cooperative bank is distributed to its members as dividend?

a) 10%

b) 25%

c) 50%

d) 100%

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32. Which cooperative bank was the first to introduce debit cards in India?

a) Cosmos Cooperative Bank

b) Indian Bank

c) Saraswat Bank

d) The South Indian Bank

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33. What is the main source of funds for cooperative banks in India?

a) Deposits from members

b) Loans from RBI

c) Government grants

d) Foreign investments

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34. Which cooperative bank is known as the “People’s Bank” in India?

a) Punjab National Bank

b) State Bank of India (SBI)

c) National Bank for Agriculture and Rural Development (NABARD)

d) Reserve Bank of India (RBI)

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35. Which cooperative bank provides financial assistance exclusively to women in India?

a) Mahila Cooperative Bank

b) Bharat Cooperative Bank

c) Shamrao Vithal Cooperative Bank

d) Cosmos Cooperative Bank

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