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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Write a note on cooperative forming societies. - Commerce

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Question

Write a note on cooperative forming societies.

Short Note

Solution

When various farmers in a village pool their land together and agree to treat the pooled piece of land as one big farm for the purpose of cultivation, purchase the necessary inputs for the cultivation, and market the crops jointly, they are assumed to have formed a cooperative farming society. Such a society, for its proper working, elects its office bearers on the basis of one member – one – vote.

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Types of Cooperative
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Chapter 7: Cooperative Organisation - Exercises [Page 69]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 7 Cooperative Organisation
Exercises | Q III. 4. | Page 69
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