Business And Commerce - Study Mode
[#501] The _________ co-operatives are associations of producers for selling their products at remunerative prices.
Correct Answer
(C) Marketing
Explanation
Solution: The Marketing co-operatives are associations of producers for selling their products at remunerative prices. These are voluntary associations of independent producers who want to sell their output at remunerative prices.
[#502] Which co-operative societies are helpful to their members in purchasing land and constructing houses?
Correct Answer
(D) Housing
Explanation
Solution: Housing co-operative societies are helpful to their members in purchasing land and constructing houses. These societies are formed to provide residential houses to members. They purchase land, develop it and construct houses or flats and allot the same to members. Some societies also provide loans at low rate of interest to members to construct their own houses.
[#503] _________ societies are voluntary associations of farmers framed to reap me benefits of large scale farming an scientific lines.
Correct Answer
(A) Co-operative farming
Explanation
Solution: Co-operative farming societies are voluntary associations of farmers framed to reap me benefits of large scale farming an scientific lines.
[#504] Co-operative societies have _________ management.
Correct Answer
(B) Democratic
Explanation
Solution: Co-operative societies have Democratic management. The society is managed by a group known as “Board of Directors”. The members of the board of directors are the elected representatives of the society. The main purpose of a Co-operative Society is to provide service to its members.
[#505] An economic environmental factor is
Correct Answer
(B) National income and its distribution