Question

What is the fundamental principle that governs the membership of an Industrial Co-operative Society?

• A. Compulsory and Restricted Membership
• B. Mandatory and Exclusive Membership
• C. Inherited and Limited Membership
• D. Voluntary and Open Membership

Answer 1

Answer:

D. Voluntary and Open Membership

• This is the first and most basic principle of co-operation, allowing anyone who can use the society's services to join voluntarily.