एक्सप्लेन द रोल ऑफ कोऑपरेटिव क्रेडिट सोसायटी
Answers
Explanation:
A credit co-operative society is an independent group of people belonging to the same class, come together voluntarily to tend to they're common economic, social and cultural agendas and requirements through an enterprise which is jointly-owned and controlled democratically by such people...
When individuals having common economic, social, and cultural interests voluntarily come together to form an association, it turns into the establishment of a co-operative society. The central motive of co-operative societies is to serve the needs of underprivileged and rural sections of our community. Co-operative society in rural areas follows the principle of mutual help and self-help to attain the objective of rural development. It is like a non-profit organization where every member joins a co-operative society to provide support instead of earning profits. An essential role of co-operative society’s contribution lies in the advancement of villages..
Answer:
A credit cooperative society is a independent group of people belonging to same class , come together volientry to tend their common economic , social , culture agendas and requirements .
The central motive of cooperative society is to serve needs of underprivileged and rural section of society .