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How does a cooperative society exemplify democracy and secularism? Explain.

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प्रश्न

How does a cooperative society exemplify democracy and secularism? Explain.

संक्षेप में उत्तर
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उत्तर

In a cooperative society, management is in the hands of a managing committee elected by the members of the society. The elections in such societies are governed by the principle of ‘one member, one vote’. This implies that all members have equal voting rights irrespective of the amount of capital they have contributed to the society. This principle prevents the dominance of the richer members (who may own a higher number of shares) in the decision-making process. Thus, as in a democracy, a cooperative society treats all its members equally and provides equal rights to its members. Moreover, there is no discrimination among the members on the basis of their religion, caste or sex. In addition, the members are free to elect the members of the managing committee of their choice. Therefore, a cooperative society exemplifies a secularist system.

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

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एनसीईआरटी Business Studies [English] Class 11
अध्याय 2 Forms of Business Organisation
Short Answer Questions | Q 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.

Define Co-operative Society ?


Co‐operative society and Joint Hindu family firm.


Distinguish between the following 
(1) Co-operative society and Joint stock company.


Write short answer of the following.
State the features of co-operative society


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

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


State Whether the Following Statement Are True Or False (Give Reason)

The main purpose of a cooperative organization is to earn profit.


(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 ________.


Select the proper option from the options given below and rewrite the completed sentence.
The Maharashtra State co-operative societies Act was came in force in ________.


Write a word or a phrase or a term which can substitute the following.
The business organization which has minimum ten members.


Write short answer of the following.
State the types of Co-operative societies.


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


Distinguish between: Co-operative Society and Joint Stock Company


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