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Rural Development · Question 44 of 53

Question 44

EasyOriginal question

A cooperative society is

a body owned and run by its membersCorrect answerYour answera company owned by foreign shareholdersCorrect answerYour answera department of the central governmentCorrect answerYour answera private moneylender's businessCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

Members pool resources, run the society together and share its gains, for example in selling milk or buying inputs.

Concept: Cooperatives
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsCooperatives

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Ten questions from Rural Development, at your own pace.

Practise this chapter →

Ten questions from Rural Development, at your own pace.

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