Question

What are the functions of a cooperative society for handloom industries?

• A. Training weavers in tandem with changing fashion trends.
• B. Provision of raw materials at subsidized prices.
• C. Provision of loans for weavers building houses.
• D. Provision of basic ammenities to the underprivelaged.

Answer 1

Answer: (A), (B), (C)

The correct options are
A Training weavers in tandem with changing fashion trends.
B Provision of raw materials at subsidized prices.
C Provision of loans for weavers building houses.

The co-operative societies have the following functions:
1. Providing raw materials at low costs.
2. Training weavers for weaving new designs as per changing fashion trends.
3. Marketing sarees made by weavers.
4. Provision of loans for building houses and insurance in case of deaths or illness.