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A univalent society is also known as ---?

AMulti-Purpose Society

BLimited Purpose Organization

CCollective Interest Group

DSingle Purpose Society

Answer:

D. Single Purpose Society

Read Explanation:

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 

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