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The experience of consumer co‑operatives in the United Kingdom is especially relevant to Indian urban co‑ops because it illustrates:

AThe challenges of government intervention and regulation in co-operatives.

BThe limited impact of co-operatives on large-scale retail markets.

CThe importance of member education and patronage refunds to retain loyalty

DThe potential for co-operatives to diversify into non-retail sectors.

Answer:

C. The importance of member education and patronage refunds to retain loyalty

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