Question

2.
How did cooperative societies come into existence?​

Answer 1

Explanation:

term cooperative Societies came into existence when the farmers of Poona and Ahmednagar spearheaded an agitation against the money lenders who were charging exorbitant rates of interest. ... But Cooperative move came with structure and shape when British enactment of the Cooperative Credit Societies , 1904

Answer 2

Answer:

the term cooperative societies came into existence when the farmers of Ahmednagar

spearheaded an agitation against the money

lenders who were charging exorbitant rates of interest but cooperative move came with structure and shape with British enactment of the cooperative credit societies act, 1904.