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Question
A co-operative society must be registered under the co-operative society act or a state cooperative societies law. After registration -
Statement I: The co-operative society becomes a distinct body independent of its members.
Statement II: It becomes an autonomous and self-governing organisation.
Options
Statement I is correct.
Statement II is correct.
Both I and II is correct.
None of them is correct.
MCQ
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Solution
Both I and II is correct.
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