Question

Co-operative farming societies come under the classification of ----.

• A. Agricultural non-credit societies
• B. Urban cooperative banks
• C. Consumer cooperatives
• D. Housing cooperatives

Answer 1

Answer:

A. Agricultural non-credit societies

Farming Societies:

Classification:

• As Per Rule 15(4) of KCS Act mentioned Farming societies.
• Co-operative farming societies come under the classification of Agricultural non-credit societies.
• Russia is the birth place of collective farming societies in the world.
• Israel is famous for co-operative farming.
• It helps the cultivators, particularly the small farmers and landless labours, improve their standard of living by increasing production.