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A cooperative society can refuse membership to individuals based on their economic status. - Commercial Applications

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प्रश्न

A cooperative society can refuse membership to individuals based on their economic status.

पर्याय

  • True

  • False

MCQ
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उत्तर

False

Explanation:

A cooperative society cannot refuse membership to individuals based on their economic status. One of the fundamental characteristics of a cooperative society is that membership is open and voluntary, and it is based on equality and democratic principles. Membership is open to all individuals regardless of their economic background, caste, creed, religion, or political affiliation. This principle ensures inclusivity and universal brotherhood within cooperatives.

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पाठ 5: Ownership Structures - Cooperative Society - EXERCISES [पृष्ठ ६४]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
पाठ 5 Ownership Structures - Cooperative Society
EXERCISES | Q I. 18. | पृष्ठ ६४
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