Question

Before registering a new cooperative under Rule 13A of KCS Rules, what member-focused mechanism should promoters establish?

• A. A pre-defined profit-sharing ratio for all members.
• B. A formal grievance redressal committee with external mediation.
• C. Transparent membership admission and exit policies with refund timelines
• D. A mandatory training program on cooperative principles for all founding members.

Answer 1

Answer:

C. Transparent membership admission and exit policies with refund timelines

.