In co-operative society, the principal follwed is
Answers
Answer:
In a cooperative society the principle followed is One man one vote.
Among the given options option (b) ONE MAN ONE VOTE is the correct answer.
Explanation:
Democracy is the basis of a cooperative society.No exploitation of man by man is the principle of this organisation. Every member exercises and equal right in its affair. Every member is able to have a voice in its management. It aims at providing economic needs of its members. It may earn profits for rendering service to non members.
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Here are some more questions from this chapter :
The karta in Joint Hindu family business has
(a) Limited liability
(b) Unlimited liability
(c) No liability for debts
(d) Joint liability
The structure in which there is separation of ownership and management is called (a) Sole proprietorship (b) Partnership (c) Company (d) All business organisations