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प्रश्न
Mention the purposes of Agricultural and Cooperative banks?
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उत्तर
Their foremost objective is providing service to its members for rural and agricultural development and not profit earning. They are set up in towns and villages rather than cities. Compared to the commercial banks they offer less variety of services as the bye-laws do not permit all commercial bank activities.
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संबंधित प्रश्न
How is a commercial bank different from a central bank?
State with Reasons whether the following statement is TRUE or FALSE.
Overdraft facility is given to saving account holders.
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