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प्रश्न
Write short note on the following.
Merits of Co-operative society.
उत्तर
Merits of a co-operative society:
i. Ease of formation: The formation of a co-operative society is quite easy, as it requires the induction of only 10 adult
members. Its registration process is also simple.
ii. Continued existence: A co-operative society is a stable form of organisation, as its existence remains unaffected by the
death, insolvency or insanity of its members.
iii. Equal voting rights: There is equality in voting rights, as it follows the policy of “one member, one vote”.
iv. Limited liability: The degree of liability of a member is limited to the amount of capital contributed by him or her.
v. Open membership: Membership of a co-operative society is open to all persons; caste, creed, religion or sex is no bar to
membership.
vi. Democratic management: The management of a co-operative society is democratic in nature, as it is managed and
controlled by a managing committee formed by its members.
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संबंधित प्रश्न
Distinguish between the following:
Cooperative society and Partnership firm
Define Co-operative Society ?
Write short notes on the following:
Features of a co-operative societies
Co‐operative society and Joint Hindu family firm.
State with reasons, whether the following statement is True or False:
Maximisation of profit is the object of a co‐operative society.
Write short answer of the following.
State the features of co-operative society
One member one vote' is the principle of _________ organisation.
Select the proper option from the options given below and rewrite the completed sentence.
The minimum of members allowed in a co-operative society is ________.
Select the proper option from the options given below and rewrite the completed sentence.
In a co-operative society the principle followed is ________.
Select the proper option from the options given below and rewrite the completed sentence.
The Maharashtra State co-operative societies Act was came in force in ________.
Write a word or a phrase or a term which can substitute the following.
The business organization which has minimum ten members.
Write short answer of the following.
State the types of Co-operative societies.
Long answer type question.
Define Co-operative society. Explain its merits and demerits.
Distinguish between: Co-operative Society and Joint Stock Company
Discuss the limitations of cooperative form of organisation.
