With reference to Cooperative Credit Structure of the Indian economy, consider the following statements
1. Central Cooperative Bank is the federation of the primary agricultural Credit Societies in a specified area.
2. State Cooperative banks form the apex of the Cooperative Credit Structure.
Which of the statements given above is/are correct?


A) Only 1

B) Only 2

C) Both 1 and 2

D) Neither 1 nor 2

Correct answer:
C) Both 1 and 2



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