Business Studies, asked by Anonymous, 3 months ago

What do you mean by cooperative
Society
And explain some features of cooperative society

Answers

Answered by VarshatheRowdy2
7

Explanation:

A cooperative society is a voluntary association of persons eager to raise their economic status in the locality through collective actions. The membership of cooperative society is free to those having a common interest. They can leave the society at their will after giving a due notice...

Answered by Anonymous
6

Answer:

A co-operative society is a voluntary association of individuals having common needs who join hands for the achievement of common economic interest. Its aim is to serve the interest of the poorer sections of society through the principle of self-help and mutual help. ... Cooperative Societies Act is a Central Act.

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