Question

6. (a) Reena, Meena, and Sheena are 3 colleagues in an office. One day they
Decided to leave their jobs and start a cooperative society with 10 more
members. They voluntary joined together with the motive of welfare of
the members. They are driven by the need to protect their economic
interests in the face of possible exploitation at the hands of middle man
obsessed with the desire to earn greater profit. State the merits of
cooperative society.​

Answer 1

Answer:

EXAMPLES:

Kendriya Bhandar, Apna Bazar and Sahkari Bhandar are examples of consumers' co-operative society. Producers' Co-operative Society: These societies are formed to protect the interest of small producers by making available items of their need for production like raw materials, tools and equipments, machinery, etc.