Economy, asked by deekshajha8110, 2 days ago

A cooperative society must be registered Justify the statement either for against while giving two reasons for each

Answers

Answered by mukeshgoenka
0

Answer:

Due to the misuse and abuse of agency system for rural credit by landlords, money lenders, zamindars , there are great consternation and revolt by farmers in some parts of India .It is necessary to register the co-operative societies.

Explanation:

Hope it helps.

Answered by 11abhi1100
0

Answer:

A registered cooperative society can hold property, enter into contracts, institute and defend suit and other legal proceedings and to do all things necessary for the purposes of its constitution. A registered society can give loans only to its members.

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