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Question
A cooperative society can refuse membership to individuals based on their economic status.
Options
True
False
MCQ
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Solution
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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