Answer the following questions:
Mention any six features or characteristics of co-operative societies.

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Solution

A cooperative society is an autonomous group of persons or group of association who united voluntarily to meet their common economic and social needs, goals and aspirations through a jointly-owned and democratically-controlled enterprise.
Characteristics of a cooperative society are :-
1. Autonomous group
2. Voluntarily united
3. Regulated by Cooperative Society Act, 1912
4. Common goals including economic as well as social goals
5. Jointly owned by all the members
6. Democratically controlled enterprise.

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Answer the following questions:Mention any six features or characteristics of co-operative societies.

Answer the following questions:
Mention any six features or characteristics of co-operative societies.