Question

A univalent society is also known as ---?

• A. Multi-Purpose Society
• B. Limited Purpose Organization
• C. Collective Interest Group
• D. Single Purpose Society

Answer 1

Answer:

D. Single Purpose Society

Single Purpose Society

• Denmark

• Also called univalent society  

• Provides only credit

Multi Purpose Society

• Japan 

• Also called Poly-valent Society

• Recommended by : cooperative planning Committee (Sarraiyya Committee )

• Found - Manilal G Nanavathi

• Provide credit and service