Question

Rule which mentions about Co-operative Marketing Society

• A. Rule 34 (1)(B)
• B. Rule 27 (3)(C)
• C. Rule 15 (2)(A)
• D. Rule 12 (2)(D)

Answer 1

Answer:

C. Rule 15 (2)(A)

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