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Marketing Co-operative Societies are classified as:

ACredit cooperative societies

BAgricultural non-credit societies

CNon-agricultural credit societies

DConsumer cooperative societies

Answer:

B. Agricultural non-credit societies

Read Explanation:

Marketing Co-operatives:

  • Marketing Societies emerged with a concept to avoid middle men and to offer better price to the Producers.

  • It was formed by farmers, artisans and small producers.

  • Simply saying, it is an association of cultivators organized on co-operative principles to perform marketing functions

  • The birth place of marketing societies : USA

  • No restriction for overlapping Marketing type co-operative societies

  • First Co-operative marketing Society in India was in former Bombay presidency in 1915 - Hubli in Karnataka (to encourage cultivation of improved cotton and to sell it collectively.)

Classification:

  • It is an agricultural non-credit society

  • Rule 15 (2)(A) Mentioned about - Co-operative Marketing Society

Structure:

  1. Primary marketing Societies

  2. Federal Primary marketing Societies(having more than one district area of operation)

  3. MARKETFED Kerala State Co-operative Marketing federation

  4. NAFED (National Agricultural Co-operative Marketing Federation)

Primary Marketing Societies:

Area of operation:

  • One or more than one Taluk may extended upto one or more than one districts

Membership

  • Individual Cultivators & wholesalers

  • PACS & Farming Societies (working under area of operation)

Management:

  • Board of Directors consists of 9-11 members

  • Separate representation in the board will be given to individual members as well as for the representative societies.


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