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Question

A sports club is a co-operative society.

A
True
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B
False
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Solution

The correct option is B False
(i) Co-operative society is a voluntary organisation registered under Co-operative Societies Act.
(ii) It mainly aims at protecting and safeguarding common interest of its members and public.
(iii) It also provides for them various service and amenities.
(iv) Such organizations have to add "co-operative" to their names. Eg. Co-operative Bank, Consumer Cooperative store, Co-operative Housing Society etc.
(v) Therefore a sports club cannot be a co-operative society, its a recreation centre, where various sports are introduced and training is given to players.

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