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Permutation

What is the m...

Question

What is the minimum number of members required to form a co-operative society?

A

5

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B

7

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C

10

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D

15

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Solution

The correct option is C $10$
As per the Co-operative societies Act, a minimum of ten members are required to form a cooperative society but this act does not specify the maximum number of members for any co-operative society. So it states that at least ten members should be there to form a cooperative society.
Thus the correct answer is C.

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Similar questions

Q. The minimum number of members required to get a co-operative society registered is _______.

Q. A co-operative society must have minimum ______ members.

Q. Select the proper option from the options given below and rewrite the completed sentences.

The minimum of members allowed in a co-operative society is ________.
(a) 20
(b) 10
(c) 7

Q. Statement I : The liability of members of co-operative society remains limited to the extent of capital contributed by them.
Statement II : The members of co-operative society are personally liable to pay the liability of co-operative society.
Select the correct answer from the options given below:

Q. A voluntary association of persons which required minimum ten major persons for its formation is a co-operative society.

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