English

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 - Commercial Applications

Advertisements
Advertisements

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
Advertisements

Solution

Both I and II is correct.

shaalaa.com
  Is there an error in this question or solution?
Chapter 5: Ownership Structures - Cooperative Society - EXERCISES [Page 62]

APPEARS IN

C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 5 Ownership Structures - Cooperative Society
EXERCISES | Q I. 4. | Page 62
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×