Question

The principle of ‘One Man, One Vote’ in cooperative societies means that voting rights are proportional to the amount of capital a member contributes.

Options

• True

• False

Answer 1

False

Explanation:

• The principle of “One Man, One Vote” in cooperative societies means that every member has one equal vote, regardless of the amount of capital they contribute.
• This ensures democratic management where no rich person holding more shares can dictate terms.
• The principle guarantees equal voting rights to all members, promoting fairness and preventing dominance by wealthier members.
• Voting rights are not proportional to capital contribution but are equal for each member.