Which of the following is correct about Cooperatives banks in India ........

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Which of the following is correct about Cooperatives banks in India?

Priority sector lending is not applicable on these banks

Both RBI and NABARD are the monitoring authorities of cooperative bank

Land Development Banks is an example of cooperative bank

All are correct

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Explanation:

...All the statements are correct.
The RBI and the National Bank for Agriculture And Rural Development (NABARD) have raised certain objections to including ‘eligible cooperative banks’ under the purview of the Financial Resolution and Deposit Insurance (FRDI) Bill.
The long term credit needs of the agricultural sector are met by another type of co-operative institutions known as Land Development Banks.