Advertisements
Advertisements
Question
Describe briefly different types of cooperative societies.
Solution
Types of Cooperative Societies
Cooperative societies are classified into the following six types.
(a) Consumer cooperative societies: These are formed to provide consumer goods at reasonable prices to its members.
(b) Producer cooperative societies: The objective of producer cooperative societies is to procure raw materials and other inputs at low costs and supply them to small producers.
(c) Marketing cooperative societies: These societies pool the outputs of the member and perform certain marketing functions for them such as transportation, labelling, packaging and warehousing.
(d) Farmers’ cooperative societies: Such societies are formed by small farmers who pool their resources to reap the benefits associated with large-scale operations. These societies ensure the availability of better and advanced inputs at low rates to farmers.
(e) Credit cooperative societies- These societies ensure the availability of funds to its members at comparatively low interest rates on reasonable terms.
(f) Cooperative housing societies: The aim of housing cooperative societies is to solve the problem of finding residential accommodation of its members by constructing houses for them. These societies provide its members with easy repayment schemes through which the cost of the houses can be repaid in form of installments.
APPEARS IN
RELATED QUESTIONS
State the Types of co-operative society
Define Co-operative Society ?
Match the correct pairs:
| Group “A” | Group “B” | ||
| 1 | Co‐operative society | a | Manager |
| 2 | F.W. Taylor | b | 12 hours service |
| 3 | Directing function | c | One member one vote |
| 4 | A.T.M. | d | Government owned |
| 5 | Rail transport | e | Father of scientific management |
| f | 24 hour service | ||
| g | Owned by private companies | ||
| h | Father of modern management | ||
| i | Maximum business secrecy | ||
| j | Worker |
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.
Distinguish between the following
(1) Co-operative society and Joint stock company.
State with reasons whether the following statements are True or False
Co-operative soc iety differs from.other forms of commercial orge1nisations.
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.
In a co-operative society the principle followed is ________.
State with reasons whether the following statement true or false.
Maximization of profit is the main motto of co-operative society.
Write short answer of the following.
State the merits of co-operative societies.
Explain the Types of Co-operative Society?
State Whether the Following Statement Are True Or False (Give Reason)
Profit maximization is the motto or object of Co-operative Organisations.
How does a cooperative society exemplify democracy and secularism? Explain.
Discuss the characteristics of cooperative form of organisation.
