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Question
Write a word or a phrase or a term which can substitute the following.
The business organization which has minimum ten members.
Solution
The business organisation which has minimum ten members - Co-operative society.
Explanation:
As per the Co-operative Societies Act 1912, minimum 10 persons are required to start a co-operative society.
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RELATED QUESTIONS
State the Types of co-operative society
Match the correct pairs:
| Group ‘A’ | Group ‘B’ |
| (a) Co - operative Society | (1) The father of Modern Management |
| (b) ‘e’ Business | (2) President of national commission |
| (c) District Judge | (3) Not directly related to human beings. |
| (d) F.W. Taylor | (4) Outsourcing |
| (e) Staffing | (5) One share one vote |
| (6) President of District forum | |
| (7) Father of Scientific Management | |
| (8)Electronic Business | |
| (9) Right people to right jobs. | |
| (10) One member one vote. |
Merits and Demerits of Co-operative Society?
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.
Write short answer of the following.
State the features of co-operative society
State with reasons whether the following statements are True or False.
Maximization of profit is the main motto of co-operative society.
Co-operative society and Joint stock company.
(1) Minimum ................ members are required for the formation of a co-operative society.
Write short note on the following.
Merits of Co-operative society.
State with reasons whether the following statement true or false.
The membership of a co-operative society is voluntary.
State with reasons whether the following statement true or false.
Maximization of profit is the main motto of co-operative society.
Long answer type question.
Define Co-operative society. Explain its merits and demerits.
Distinguish between: Co-operative Society and Joint Stock Company
How does a cooperative society exemplify democracy and secularism? Explain.
Discuss the merits of cooperative form of organisation.
Discuss the limitations of cooperative form of organisation.
