Which of the following statements is/are true about Co-operative Banks in India? Options: A . &nbspIt has a three-tier set-up. B . &nbspState Co-operative Banks does not have access to RBI C . &nbspIt is an urban oriented Bank D . &nbspIt functions on sound business principles.

Which of the following statements is/are true about Co-operative Banks in India

Question

Which of the following statements is/are true about Co-operative Banks in India?

Options:

A . It has a three-tier set-up.

B . State Co-operative Banks does not have access to RBI

C . It is an urban oriented Bank

D . It functions on sound business principles.

Answer: Option A

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