पुढील दोन विधानांपैकी कोणते योग्य आहे?
(a) भारतातील पहिली जिल्हा मध्यवर्ती सहकारी बँक पंजाबमध्ये सँग येथे स्थापन झाली.
(b) फ्रेडरिक निकोल्सन यांनी 1895 - 1900 मध्ये प्रस्ताव दिला की भारतात जर्मनीमधे ज्याप्रमाणे सहकारी संस्था स्थापल्या गेल्या आहेत त्याप्रमाणे स्थापण्यात याव्यात.
पर्यायी उत्तरे :

The correct answer is Option B (Only (b)).

Key Points:
• History of Cooperative Movement in India:
• Statement (a) is incorrect: The first Central Co-operative Bank in India was established in Ajmer (Rajasthan) in 1904, or associated with early credit experiments; Zang/Jhang in Punjab saw the establishment of early rural credit societies under the 1904 Act, but was not India's first District Central Cooperative Bank.
• Statement (b) is correct: Sir Frederick Nicholson, a British civil servant deputed by the Madras Government between 1895 and 1899 to study agricultural banking in Europe, submitted his landmark report in two volumes (1895 and 1897) recommending "Find Raiffeisen". He advocated establishing rural cooperative credit societies in India modeled on the Raiffeisen agricultural credit cooperatives of Germany. This paved the way for the Co-operative Credit Societies Act of 1904.
• Therefore, only statement (b) is correct.
• Key Takeaway: Sir Frederick Nicholson (1895-99) recommended German Raiffeisen-style cooperative societies for India.