Question

An organisation of villagers who willingly combine for mutual help and cooperation and in increasing agricultural productions is termed as

• A. consumer cooperative
• B. service cooperative
• C. producer cooperative
• D. housing cooperative

Answer 1

Answer:

B. service cooperative

PACS:

• Formed on the basis of failure of large sized credit society.

• 1958 NDC recommended to form small size credit society.

• Recommended by AIRCSC (Gorwala)

• A service cooperative is defined as "an organisation of villagers who willingly combine for mutual help and cooperation and in increasing agricultural productions."