Cooperative Banks in India

41. What does the “R” stand for in NABARD?

a) Reserve

b) Rural

c) Regional

d) Regional Rural

42. What is the maximum number of members allowed in a cooperative bank in India?

a) 500

b) 1000

c) 5000

d) No limit

43. Cooperative banks in India are primarily organized at which level?

a) District

b) State

c) National

d) International

44. Which cooperative bank was the first to introduce mobile banking in India?

a) The South Indian Bank

b) Bharat Cooperative Bank

c) Saraswat Bank

d) Cosmos Cooperative Bank

45. Who can withdraw money from a cooperative bank in India?

a) Members only

b) Non-members only

c) Members and non-members

d) Government entities only