1. Cooperative banks in India, unlike commercial banks, are primarily registered under which type of legislation?
- A. Banking Regulation Act exclusively with no state law role
- B. Cooperative Societies Act (state or central)
- C. Partnership Act
- D. Companies Act only
Answer: Cooperative Societies Act (state or central)
Explanation: Cooperative Societies Act (state or central) — verified fact for Cooperative Bank Vacancy Quiz.
Explanation: Cooperative Societies Act (state or central) — verified fact for Cooperative Bank Vacancy Quiz.