Question

In comparative co‑operative law, a notable distinction between many European co‑operative statutes and the early Indian Co‑operative Credit Societies Act (1904) is that the European laws:

• A. Primarily focused on industrial co‑ops, whereas India focused on urban credit.
• B. Emphasized government control, while India promoted member autonomy.
• C. Generally started with consumer co‑ops, while India began with rural credit
• D. Were established later in history, while India's act was one of the earliest.

Answer 1

Answer:

C. Generally started with consumer co‑ops, while India began with rural credit

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