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प्रश्न
Which of the following best describes a cooperative society?
विकल्प
An association formed for profit maximisation.
A voluntary group aiming to serve members’ needs.
A government-owned business.
A company with unlimited liability.
MCQ
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उत्तर
A voluntary group aiming to serve members’ needs.
Explanation:
A cooperative society is focused on service, not profit, and is formed voluntarily by people with common needs.
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