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Find the odd one. Primary credit co-operative society, state co-operative bank, district co-operative bank, ex-change bank - Organisation of Commerce and Management

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Question

Find the odd one.

Options

  • Primary credit co-operative society

  • state co-operative bank

  • district co-operative bank

  • ex-change bank

MCQ
Odd One Out
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Solution

Ex-change bank

Explanation:

While Primary Credit Co-operative Societies, State Co-operative Banks, and District Co-operative Banks are all part of the cooperative banking structure designed to serve specific agricultural/rural needs, an exchange bank is a commercial bank focusing on foreign exchange, making it fundamentally different.

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Chapter 4: Business Services - EXERCISE [Page 90]

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