Question

Define the cooperative society explain its features

Answer 1

Answer:

A co-operative society is entirely different from all other forms of business organization. It protects the interests of the weaker sections of the society. It is a voluntary association of persons joined together on the basis of equality for fulfillment of their economic and business intersects.

Answer 2

$\huge\boxed{\fcolorbox{violet}{pink}{answer}}$

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.

Hope this could help you!