20. Arrange in correct sequence-
(i) Members of a cooperative pool their resources for cooperation in certain areas.
(ii) These funds are used to provide loans to members. Once these loans are repaid another round
of lending can take place.
(iii) There are several types of cooperatives, weaver cooperatives, industrial workers cooperatives
etc.
(iv) It accepts deposits from its members. With these deposits as collateral, the cooperatives obtain
large loans from the banks.
A. iv, i, iii, ii B. ii, iii, i, iv C. iii, i, iv, ii D. iii, iv, i, ii
Answers
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Explanation:
C is the correct answer.
C.
iii
i
iv
ii
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