Advertisements
Advertisements
प्रश्न
Discuss the characteristics of cooperative form of organisation.
Advertisements
उत्तर
The word ‘cooperative’ means an organisation in which the stakeholders work with one another. Thus, a cooperative society is a voluntary association of individuals who join together to protect or promote their common interests.
Features of Cooperative Societies
(a) Separate legal entity: The registration of a cooperative society is compulsory under the Cooperative Societies Act, 1912. Once the registration is complete, the cooperative society is granted the status of a separate legal entity. This implies that the cooperative society can hold properties in its own name and enter into contracts. Moreover, it can sue others and can be sued by others.
(b) Management and control: A cooperative society is a democratic form of organisation as it is managed and controlled by a managing committee which is elected by the members of the society on the principle of ‘one member, one vote’.
APPEARS IN
संबंधित प्रश्न
State the Types of co-operative society
Merits and Demerits of Co-operative Society?
State with reasons, whether the following statement is True or False:
Maximisation of profit is the object of a co‐operative society.
Write short answer of the following.
State the features 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.
Co-operative society and Joint stock company.
(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.
In a co-operative society the principle followed is ________.
Write a word or a phrase or a term which can substitute the following.
The business organization which has minimum ten members.
Write short note on the following.
Merits of Co-operative society.
State with reasons whether the following statement true or false.
Co-operative society differs from other forms of commercial organizations.
Write short answer of the following.
State the types 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 merits of cooperative form of organisation.
Describe briefly different types of cooperative societies.
