Advertisements
Advertisements
Question
State True or False:
The main motto of co-operative society is to render services to its shareholders.
Advertisements
Solution
This statement is false.
Explanation:
The main motto of a co-operative society is to render services to its members (not just shareholders). Its primary objective is mutual help and welfare, not profit-making.
APPEARS IN
RELATED QUESTIONS
State True or False:
The membership of a co-operative society is compulsory.
Find the odd one.
Complete the sentence.
The rule for voting in Co-operative society is __________.
Complete the sentence.
The face value of the shares of Co-operative society is very _______.
Answer in one sentence.
What do you mean by co-operative Society?
Explain the following term/concept:
Co-operative Society.
Distinguish between a Co-operative Society and a Joint Stock Company.
Answer in brief.
Describe any four types of Co-operative Society.
Justify the following statement.
Co-operative society follows democratic principles.
Explain the merits of a co-operative society.
Explain the types of co-operative societies.
Which of the following best describes a cooperative society?
What is a key feature of the management in a cooperative society?
Which feature ensures every member in a cooperative society has an equal say in decision-making?
