Voting right that vests with each member of cooperative society is ________________.

One member one vote

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Right to vote in proportion of capital contributed

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Right to vote as mentioned in memorandum

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None of the above

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Solution

The correct option is A One member one vote
The principle of 'One person one vote' applies here and therefore every member can exercise the right to cast to vote.The number of shares purchase has n relevance with the right to vote.

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Similar questions

Each member is entitled to one vote in a cooperative society.

In a cooperative society the principle followed is

(a) One share one vote

(b) One man one vote

(d) Multiple votes

Q. The Board must call an extraordinary general meeting on receipt of the requisition from the following number of members:
(I) In the case of a company having a share capital: members who hold, on the date of the receipt of the requisition, not less than _______ of such of the paid-up share capital of the company as on that date carries the right of voting;
(II) In the case of a company not having a share capital: members who have, on the date of receipt of the requisition, not less than _______of the total voting power of all the members having on the said date a right to vote.

Q. Q. Consider the following statements regarding the election of the President.Which of the given above statements is/are correct?

2 only
Both 1 and 2
1 only
Neither 1 nor 2

Q. The year is 2089. Beijing, London, New York, and Paris are in contention to host the 2096 Olympics. The eventual winner is determined through several rounds of voting by members of the IOC with each member representing a different city. All the four cities in contention are also represented in IOC.
In any round of voting, the city receiving the lowest number of votes in that round gets eliminated. The survivor after the last round of voting gets to host the event.
A member is allowed to cast votes for at most two different cities in all rounds of voting combined. (Hence, a member becomes ineligible to cast a vote in a given round if both the cities (s) he voted for in earlier rounds are out of contention in that round of voting.)
A member is also ineligible to cast a vote in a round if the city (s)he represents is in contention in that round of voting.
As long as the member is eligible, (s)he must vote and vote for only one candidate city in any round of voting.
The following incomplete table shows the information on cities that received the maximum and minimum votes in different rounds, the number of votes cast in their favour, and the total votes that were cast in those rounds.

It is also known that:

* All those who voted for London and Paris in round 1, continued to vote for the same cities in subsequent rounds as long as these cities were in contention. 75% of those who voted for Beijing in round 1, voted for Beijing in round 2 as well.
* Those who voted for New York in round 1, voted either for Beijing or Paris in round 2.
* The difference in votes cast for the two contending cities in the last round was 1.
* 50% of those who voted for Beijing in round 1, voted for Paris in round 3.

What percentage of members from among those who voted for Beijing in round 2 and were eligible to vote in round 3, voted for London?

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Voting right that vests with each member of cooperative society is ________________.

The correct option is A One member one voteThe principle of 'One person one vote' applies here and therefore every member can exercise the right to cast to vote.The number of shares purchase has n relevance with the right to vote.

The correct option is A One member one vote
The principle of 'One person one vote' applies here and therefore every member can exercise the right to cast to vote.The number of shares purchase has n relevance with the right to vote.