Tag Archives: co-operative society

What are the characteristics of co-operative society?

What are the characteristics of co-operative society? Mutual cooperation Open membership Elimination of middleman Limited liability Service motive Democratic management Social utility Financial assistance Stability and continuity Economic operations Saving in expenditure Surplus shared by the members State patronage Increase in employment Equal rights Equal distribution of wealth Improves the standard of living Tax concession Protection of mutual interest Supply …

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State the merits and demerits of co-operative society.

State the merits and demerits of co-operative society. Merits Mutual cooperation Open membership Elimination of middleman Limited liability Service motive Democratic management Social utility Financial assistance Stability and continuity Economic operations Saving in expenditure Surplus shared by the members State patronage Increase in employment Equal rights Equal distribution of wealth Improves the standard of living Tax concession Protection of mutual …

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Discuss the kinds of co-operative Society

Discuss the kinds of co-operative Society Producer Cooperative Societies Consumer Cooperative Societies Marketing Cooperative Society Insurance Cooperative Society Housing Cooperative society Cooperative Farming Society Credit Cooperative Society

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Define a co-operative society

Define a co-operative society A co-operative society is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. Or A co-operative society is another means for forming a legal entity to conduct business besides forming a company. It pools together human resources in the spirit of …

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Write any four features of co-operative society

Write any four features of co-operative society 1. Voluntary association: Everybody having a common interest is free to join cooperative society. There is no restriction on the basis of caste, creed, religion, color, etc. Anybody can also leave it at any time after giving due notice to the society. That is specialty of any cooperative society. There should be minimum …

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Define co-operative society

Define co-operative society A co-operative society is a voluntary association started with the aim of service of its members. It is a form of business where individuals belonging to the same class join their hands for the promotion of their common goals. These are generally formed by the poor people or weaker section people in the society. It reflects the …

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Objective Type Questions for Principle of Commerce I.Com Part 1 (f)

Objective Type Questions for Principle of Commerce I.Com Part 1 (f)

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