Read the information given below and select the correct option, (1) Krishak cooperative
functions in a village not very far away from Sonpur. It has 2300 farmers as members. It accepts deposits from its members. With these deposits as collateral, the cooperative has obtained a large loan from the bank.
Which of the following statement about this sector is correct?
It is supervised by moneylenders
It is supervised by formal agencies.
It is supervised by members.
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Answer:
It is supervissd by members..
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