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Describe briefly different types of cooperative societies.

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प्रश्न

Describe briefly different types of cooperative societies.

संक्षेप में उत्तर
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उत्तर

Types of Cooperative Societies

Cooperative societies are classified into the following six types.

(a) Consumer cooperative societies: These are formed to provide consumer goods at reasonable prices to its members.

(b) Producer cooperative societies: The objective of producer cooperative societies is to procure raw materials and other inputs at low costs and supply them to small producers.

(c) Marketing cooperative societies: These societies pool the outputs of the member and perform certain marketing functions for them such as transportation, labelling, packaging and warehousing.

(d) Farmers’ cooperative societies: Such societies are formed by small farmers who pool their resources to reap the benefits associated with large-scale operations. These societies ensure the availability of better and advanced inputs at low rates to farmers.

(e) Credit cooperative societies- These societies ensure the availability of funds to its members at comparatively low interest rates on reasonable terms.

(f) Cooperative housing societies: The aim of housing cooperative societies is to solve the problem of finding residential accommodation of its members by constructing houses for them. These societies provide its members with easy repayment schemes through which the cost of the houses can be repaid in form of installments.

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अध्याय 2: Forms of Business Organisation - Long Answer Questions [पृष्ठ ५६]

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एनसीईआरटी Business Studies [English] Class 11
अध्याय 2 Forms of Business Organisation
Long Answer Questions | Q 4.4 | पृष्ठ ५६

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संबंधित प्रश्न

State the Types of co-operative society


Match the correct pairs:

                        Group ‘A’                           Group ‘B’
 (a) Co - operative Society  (1) The father of Modern Management
 (b) ‘e’ Business  (2) President of national commission
 (c) District Judge  (3) Not directly related to human beings.
 (d) F.W. Taylor  (4) Outsourcing
 (e) Staffing  (5) One share one vote
       (6) President of District forum
 (7) Father of Scientific Management
 (8)Electronic Business
(9) Right people to right jobs.
 (10) One member one vote.

Merits and Demerits of Co-operative Society?


Write short notes on the following:

Features of a co-operative societies


Match the correct pairs:

  Group “A”   Group “B”
1 Co‐operative society a Manager
2 F.W. Taylor b 12 hours service
3 Directing function c One member one vote
4 A.T.M. d Government owned
5 Rail transport e Father of scientific management
    f 24 hour service
    g Owned by private companies
    h Father of modern management
    i Maximum business secrecy
    j Worker

 


Co‐operative society and Joint Hindu family firm.


State with reasons whether the following statements are True or False. 

Maximization of profit is the main motto of co-operative society.


One member one vote' is the principle of _________ organisation.


(1) Minimum ................ members are required for the formation of a co-operative society.


Select the proper option from the options given below and rewrite the completed sentence.
The minimum of members allowed in a co-operative society is ________.


State with reasons whether the following statement true or false.

The membership of a co-operative society is voluntary.


State with reasons whether the following statement true or false.

Co-operative society differs from other forms of commercial organizations.


State with reasons whether the following statement true or false.

Maximization of profit is the main motto of co-operative society.


Write short answer of the following.
State the merits of co-operative societies.


Long answer type question.
Define Co-operative society. Explain its merits and demerits.


Distinguish between: Co-operative Society and Joint Stock Company


Discuss the limitations of cooperative form of organisation.


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