Tag: cooperative organisation

Questions Related to cooperative organisation

____________ are formed to provide residential houses to members.

organization of commerce and management ownership structures - cooperative society features, merits and demerits, formation and management of a cooperative society meaning and features of cooperative society cooperative organisation

  1. Producers co-operative societies

  2. Co-operative marking societies

  3. Housing co-operative societies

  4. Consumers' co-operative societies

Show answer
Correct Option: C
Explanation:

Housing cooperative societies are formed to provide residential houses to members. They purchase land, develop it and construct houses or flats and allot the same to members. Some societies also provide loans at low rate of interest to member to construct their own houses.

_____________ are formed to protect the interest of small producers by making available items of their need for production like raw materials, tools and equipments, machinery, etc.

organization of commerce and management ownership structures - cooperative society features, merits and demerits, formation and management of a cooperative society meaning and features of cooperative society cooperative organisation

  1. Producers' co-operative societies

  2. Co-operative marking societies

  3. Housing co-operative societies

  4. Consumers co-operative societies

Show answer
Correct Option: A
Explanation:

Producers co-operative societies are formed to protect the interest of small producers by making available items of their need for production like raw materials, tools and equipments, machinery, etc. Handloom societies like APPCO, Bayanika, Haryana handloom, etc are examples of producer's cooperative.

____________ are formed by small producers and manufacturers who find it difficult to sell their products individually.

organization of commerce and management ownership structures - cooperative society features, merits and demerits, formation and management of a cooperative society meaning and features of cooperative society cooperative organisation

  1. Producers' co-operative societies

  2. Co-operative marking societies

  3. Housing co-operative societies

  4. Consumers co-operative societies

Show answer
Correct Option: B
Explanation:

Cooperative marketing societies are formed by small producers and manufacturers who find it difficult to sell their products individually. The society collects the products from the individual members and takes the responsibility of selling those products in the market.