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Cooperative Bank Vacancy Quiz MCQ Practice

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1. Cooperative banks in India, unlike commercial banks, are primarily registered under which type of legislation?

  1. A. Banking Regulation Act exclusively with no state law role
  2. B. Cooperative Societies Act (state or central)
  3. C. Partnership Act
  4. 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.

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