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Under which Act was Rochdale Equitable Pioneers’ Co-operative Society (REPS) initially registered?

AIndustrial and Provident Societies Act 1852

BFriendly Societies Act, 1793

CCompanies Act 1900

DTrade Union Act 1871

Answer:

B. Friendly Societies Act, 1793

Read Explanation:

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  1. Such institutions help in distribution of income in a wide spectrum and do not allow it to get concentrated in few hands or in few areas.
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