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The objective of co-operative society is:

AProfit maximization

BService

CCompetition

DExploitation

Answer:

B. Service

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Related Questions:

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Consider the following Statements related to sale of a property. Choose the Statements that are wrong.

  1. Any person with an interest can apply to set aside a sale on grounds of irregularity or fraud within 45 days from the date of sale.
  2. Where multiple executions are received against the same defaulter, assets are distributed among decree holders rateably.
  3. If a sale is adjourned for more than 7 days, a fresh proclamation of sale must be made.
  4. The sales officer must confirm the sale, if no objections are received within 15 days from the date of Proclamation.
    What occupation did the founders primarily belong to?

    Identify the accurate statements regarding the KCS Act, 1969.

    1. Encompasses legal provisions for Co-operative societies in Kerala.

    2. Provides the legal framework for Co-operative societies in Travancore.

    3. Defines the specific characteristics and regulations of Co-operative societies in Kerala.

    4. Based on the Act the first primary society called the Edavanakkal Service Co-operative Society.

    Charles Howarth was also known as: