Question

Briefly explain three activities which can be suitably undertaken by cooperative societies.​

Answer 1

Answer:

• (i) A cooperative society may undertake the construction of houses/flats for its members at lower costs and giving the option of paying instalments . (Cooperative housing societies )
• (ii) A cooperative society may undertake the provision of easy credit on reasonable terms to the members at low interest rates . (Credit cooperative societies . )
• (iii) A cooperative society may undertake the sale of the products of its members at resonable prices . (Marketing cooperative societies) .

Explanation:

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