Question

Which among the following isn't an objective of a co-operative society ?

• A. To prevent exploitation of members
• B. To provide sovereign powers to both the state and centre
• C. To provide essential services at minimum cost
• D. To distribute surplus equitably among members

Answer 1

Answer:

B. To provide sovereign powers to both the state and centre

Objectives of a co-operative society:

1. Elimination of middlemen
2. Raising economic status of the poor
3. Removal of the evils of capitalism
4. Raising moral standards of its members
5. Increasing the prosperity of the whole community
6. Abolition of social inequalities
7. Neutrality in religion and politics
8. Development of corporate life