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Question

Provision of residential accommodation to the member at reasonable rates is the objective of ________________.

A
Producer's co-operative
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B
Consumer's co-operative
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C
Housing co-operative
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D
Credit co-operative
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Solution

The correct option is C Housing co-operative
Cooperative housing societies are formed to provide residential accommodation to its members at a reasonable rate. They purchase land, develop it and construct houses or flats and allot the same to members.

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