Cooperative Societies and Joint Stock Companies — Practice Quiz
NIOS · Class 10 · Business Studies
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Quick Quiz: Cooperative Societies and Joint Stock Companies
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What is the meaning of co-operation in business organisation?
Which Latin word gives the origin of the term co-operation?
What is the main motive of a co-operative society?
What is the voting rule in a co-operative society?
Sample Questions
Which society sells AMUL milk products?
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Gujarat Co-operative Milk Marketing Federation
Gujarat Co-operative Milk Marketing Federation is a marketing cooperative society that sells AMUL milk products.
What does a thrift and credit cooperative society mainly provide?
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Financial support and loans to members
Thrift and credit cooperative societies accept deposits from members and grant loans at reasonable rates of interest.
What is the main purpose of a cooperative group housing society?
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To provide residential houses to members
Cooperative group housing societies are formed to provide houses or flats to members.
Which feature shows that a co-operative society can be formed by choice?
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Voluntary association
Membership in a co-operative society is voluntary, so persons join and leave by choice.
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