Question

Explain role of Co-operative Credit Societies
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Answer 1

Answer:

Employees' Cooperative Credit Societies. ■ The primary objective of this type of society is to create funds for lending money to its members. Long-term financing is made through District Central Co operative Bank. Amount of loan is extended to the members mainly for house building.

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Answer 2

Answer:

Employees Cooperative Credit Societies. ■ The primary objective of this type of society is to create funds for lending money to its members. Long-term financing is made through District Central Co operative Bank. Amount of loan is extended to the members mainly for house building.

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