Advertisements
Advertisements
प्रश्न
Discuss the characteristics of cooperative form of organisation.
उत्तर
The word ‘cooperative’ means an organisation in which the stakeholders work with one another. Thus, a cooperative society is a voluntary association of individuals who join together to protect or promote their common interests.
Features of Cooperative Societies
(a) Separate legal entity: The registration of a cooperative society is compulsory under the Cooperative Societies Act, 1912. Once the registration is complete, the cooperative society is granted the status of a separate legal entity. This implies that the cooperative society can hold properties in its own name and enter into contracts. Moreover, it can sue others and can be sued by others.
(b) Management and control: A cooperative society is a democratic form of organisation as it is managed and controlled by a managing committee which is elected by the members of the society on the principle of ‘one member, one vote’.
APPEARS IN
संबंधित प्रश्न
Write short notes on the following:
Features of a co-operative societies
Co‐operative society and Joint Hindu family firm.
Distinguish between the following
(1) Co-operative society and Joint stock company.
Write short answer of the following.
State the features of co-operative society
Select the proper option from the options given below and rewrite the completed sentence.
The Co-operative societies act was passed in the year ____________
State Whether the Following Statement Are True Or False (Give Reason)
The main purpose of a cooperative organization is to earn profit.
One member one vote' is the principle of _________ organisation.
Co-operative society and Joint stock company.
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 short note on the following.
Merits of Co-operative society.
Write short answer of the following.
State the types of Co-operative societies.
Distinguish between: Co-operative Society and Joint Stock Company
How does a cooperative society exemplify democracy and secularism? Explain.
Discuss the limitations of cooperative form of organisation.
