The co-operative credit societies have a A. two-tier structure B. three-tier structure C. four-tier structure D. five-tier structure

The correct answer is: A. two-tier structure.

A co-operative credit society is a financial institution that is owned and run by its members. It provides a range of financial services, such as loans, savings accounts, and insurance. Co-operative credit societies are typically organized into a two-tier structure. The first tier is the local co-operative credit society, which is owned and run by its members. The second tier is the central co-operative credit society, which is owned and run by the local co-operative credit societies. The central co-operative credit society provides support and services to the local co-operative credit societies, such as training, marketing, and financial assistance.

Here is a brief explanation of each option:

• Option A: Two-tier structure. This is the most common structure for co-operative credit societies. It consists of a local co-operative credit society and a central co-operative credit society.
• Option B: Three-tier structure. This structure is less common than the two-tier structure. It consists of a local co-operative credit society, a regional co-operative credit society, and a central co-operative credit society.
• Option C: Four-tier structure. This structure is even less common than the three-tier structure. It consists of a local co-operative credit society, a regional co-operative credit society, a national co-operative credit society, and a central co-operative credit society.
• Option D: Five-tier structure. This structure is the least common structure for co-operative credit societies. It consists of a local co-operative credit society, a regional co-operative credit society, a national co-operative credit society, an international co-operative credit society, and a central co-operative credit society.