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Question

In a cooperative society the principle followed is _______________.

A
One share one vote
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B
One man one vote
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C
No vote
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D
Multiple votes
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Solution

The correct option is A One share one vote
The principles followed by Cooperative society are :-
1) One Man, One Vote: every member of society is given one vote irrespective of contribution towards the number of shares held.
2) Service Motive: The primary aim of members of society is to serve the members of society.
3) Autonomy: Society is a self governing institution. It is self-sufficient, self-controlling
4) Democratic management: the management of society is done of democratic basis.
Hence, answer would be one man one vote.

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