Minimum number of members in a cooperative society is:
(a) 20 (b) 15
(c) 10 (d) 5
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Explanation:Minimum number of members in a cooperative society is:10
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Answer:
(c) 10
Explanation:
The 'minimum number of members' in a 'cooperative society' is 10. Maximum numbers of members in a cooperative society in India is 300.
A 'co-operative society' is the 'voluntary association' started with the aim of favoring of its members. It is a form of business where individuals belonging to the same class join their hands for the 'promotion of the common goals'.
These are generally established by 'poor people' or 'weaker section' in society. It will reflect the 'poor people to stand' on their 'own legs'.
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