Question

Give the difference between ‘ Producers co-operative society’ and ‘Marketing cooperative society’.

Answer 1

Co operative bank is a cooperative society doing banking business with license from RBI.They can accept non member deposits and use word Bank in the name. Coop banks are regulated by RBI, whereas societies are not. Societies are generally formed under state level ac

Answer 2

Answer:

Producers' Cooperative Society – Producers or industrial cooperatives are voluntary associations of little producers and artisans who join hands to face opposition and augment production. Nature of Business: It is built by the collection of same products producers.

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