11th Principles of Commerce MCQS Chapter 8

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11th Principles of Commerce MCQS
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A co-operative society is established by
Government institutions
All the people
Financially weak consumer
Capitalist

Who cannot be a member of co-operative society
Illiterate person
None of these
Govt. Servant
Minor person

What are the capital sources of co-operative society
By selling shares to members
Both a and b
National and international institutions
Fee of members

Maximum number of members in a co-operative society
Twenty
Ten
None of these
Fifty

In Pakistan, a co-operative society is established under the following act
1935
1920
1930
1925

Co-operative society started in
1844
1850
1845
1840

What is excluded from a co-operative society
Consumer
Capitalist
Retailer
Wholesaler

Who provides the capital for co-operative society
Members
Banks
None of these
Government

The shares of a co-operative society can be transferred
After 1 years
After 6 months
All are wrong
At any time

The minimum number of members in a co-operative society
Two
Five
Twenty
Ten

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