Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following is NOT a type of cooperative society?

AProducer

BConsumer

CRetail

DHousing Answer

Answer:

C. Retail

Read Explanation:

Producer cooperatives: Owned by producers to collectively produce and market goods. Consumer cooperatives: Owned by consumers to purchase goods at fair prices; they may operate retail stores, but “retail” itself is not a separate type. Housing cooperatives: Owned by members to provide affordable housing.


Related Questions:

'Co-operatives Sweden' was founded in 2017. What is it?
Who was the founder of the Equitable Labor Exchange?
NCCF was set up on 16 October, 1965 and is administered under the …
The Friendly Societies Act of 1846 was significant because it:
The creation of … in 1965 was a major step towards the organisation of dairying on cooperative lines.