Question

Provision of residential accommodation to the members at reasonable rates is the objective of
(a) Producer’s cooperative
(b) Consumer’s cooperative
(c) Housing cooperative
(d) Credit cooperative

Answer 1

Answer:

Provision of residential accommodation to the members at reasonable rates is the objective of Housing cooperative.

Among the given options option (c)  HOUSING COOPERATIVE is the correct answer.

Explanation:

Housing cooperative :

It may be of three types : Ordinary housing society , House building society , Housing construction society .

These societies are formed to provide a house to their members either on ownership basis or at fair rent.

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Answer 2

Answer:

housing cooperative society is a correct answer