Fill in the blanks with appropriate words in the following sentences: The co-operative societies come into existence after receiving ________ from _______.
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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.
The society started coming into existence after receiving the rights under the cooperative society act, 1912 from the government.