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    Question

    Under the new cooperative policy, which of the following

    correctly pairs the structure and function of India's cooperative credit system?  Structure  Function  A. PACS  Grassroots lending in villages  B. DCCBs  Intermediary between PACS and State Co-op Banks  C. State Co-op  Apex finance source for district-level institutions 
    A A only Correct Answer Incorrect Answer
    B A and B only Correct Answer Incorrect Answer
    C A, B, and C Correct Answer Incorrect Answer
    D B and C only Correct Answer Incorrect Answer
    E C only Correct Answer Incorrect Answer

    Solution

    All levels—PACS, DCCBs, and State Co-op Banks—work in a 3-tier structure for rural credit delivery. 

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