the main objective of a co-operative society is to ........... the interest of its members
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their main objective is to serve the interest of their members
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QUESTION:-
The main objective of a co-operative society is to ........... the interest of its members
ANSWER:-
- The main objective of a co-operative society is to serve the interest of its members.
- Serve is the answer.
EXPLANATION:-
- A Co-operative Society is a voluntary organization of people having mutual requirements who assemble for the accomplishment of mutual economic concern.
- Its main objective is to serve the interest of the underprivileged sections of society through the regulation of self-help and common help.
- The aim is to serve support and interest to the members. The members of the cooperative society do not join it to earn profit. Society comes ahead as a group and combines its characteristic resources, utilise them in the most favourable possible way and originates some mutual advantage out of it.
- A society which has as its aim to grow the economic interests of its members in harmony with cooperative regulations can be registered as a Society.
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