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The Indian Cooperative Society Act tells cooperative organisation is “a society which has its objective for the promotion of economic interests of its members in accordance with co-operative principle - Commercial Applications

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Question

The Indian Cooperative Society Act tells cooperative organisation is “a society which has its objective for the promotion of economic interests of its members in accordance with co-operative principles.” The co-operative principles are -

Options

  • Self-help, equality, democracy, and freedom

  • Self-profit, honesty, health of persons

  • Social harmony, ideal society, well-education

  • None

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Solution

Self-help, equality, democracy, and freedom

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Chapter 5: Ownership Structures - Cooperative Society - EXERCISES [Page 62]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 5 Ownership Structures - Cooperative Society
EXERCISES | Q I. 3. | Page 62
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