Current Affairs · Banking and Finance
Consider the following statements regarding the Short-Term Cooperative Credit Structure (STCCS) in India: 1. Primary Agricultural Credit Societies (PACS) primarily mobilize deposits from members and lend for agricultural purposes. 2. District Central Cooperative Banks (DCCBs) act as a direct refinancing agency for NABARD. 3. State Cooperative Banks (StCBs) play a pivotal role in balancing liquidity within the cooperative system. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 13 only
- 22 only
- 31 and 3 only✓
- 41 and 2 only
Correct answer
1 and 3 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking and Finance MCQs →Want more practice questions on Banking and Finance?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking and Finance