The owners of the cooperative bank are also its

The owners of the cooperative bank are also its __:
[A]Customers
[B]Debtors
[C]Creditors
[D]All of above

All of above
A cooperative is jointly owned enterprise in which same people are its customers who are also its owners. Thus, basic difference between scheduled commercial banks and scheduled cooperative banks is in their holding pattern.

Advertisement

Category: Banking Exams Material Section

This question "The owners of the cooperative bank are also its" was published on GKToday on June 2, 2015 at 12:21 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments