Economy, asked by achyutgautam13, 6 months ago

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Answered by mdmonazirhussain
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Answered by hetalpatel4121982
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 \huge \sf \color{pink}{Answer}

The co-operative movement in Maharashtra is nourished by a three-tier co-operative credit structure, at the helm of which is The Maharashtra State Co-operative Bank Limited (MSCB).A group of people that decide to form a co-operative society in India must register under the Cooperative Society Act, 1912. The purpose behind a cooperative society is to provide goods and services to the consumers at a reasonable cost with the aim to encourage them towards productivity, savings, investments and equal distribution of surplus.

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