Maharashtra State BoardHSC Commerce 12th Board Exam
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State with Reasons Whether the Following Statement True Or False. the Membership of a Co-operative Society is Voluntary. - Organisation of Commerce and Management

MCQ
True or False

State with reasons whether the following statement true or false.

The membership of a co-operative society is voluntary.

Options

  • True 

  • False 

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Solution

The membership of a co-operative society is voluntary : True
Explanation: The membership of a co-operative society is open to everyone, and all those who wish to join may do so, to fulfill their common mutual interests. Thus, the membership of a co-operative society is said to be voluntary or intentionally.

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APPEARS IN

Micheal Vaz Organisation of Commerce and Management (OCM) HSC 12th Standard Maharashtra State Board
Chapter 1 Forms of Business Organisations
True or false | Q 9 | Page 39
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