11th Principles of Commerce MCQS Chapter 8

The basic aim of a co-operative society is

To store goods

The welfare of members of society

All the above

To earn profit

The liability of shareholders in co-operative society

Both a and b

Unlimited

None

Limited

The price of the share of society is

Above the face price

Equal to the face price

All the above

Less than the face price

The management committee of society is elected by

Shareholders

Government

The will of one person

All are correct

If a co-operative society is working in more than one province, then it is registered under act of

1932

1913

1942

1925