Question

The main purpose of a co-operative organization is to earn profit. (State with reason whether the given statement is true or false)

Answer 1

FALSE

the co-operative organisation basically works to provide self help and mutual help. The primary objective is to provide services to its members

Answer 2

Explanation:

This statement is False.

The main purpose of the co-operative organization to provide service to their customers and weaker section of the society and needy peoples. In a co-operative organization, people come together on the basis of equality, purpose of promoting positive things in society, unity. We can say that The main purpose of a co-operative organization is to earn profit with lots of services.