Co-operative societies have _________ management.
A. Government
B. Democratic
C. Autocratic
D. Private
Answer: Option B
Solution(By Examveda Team)
Co-operative societies have Democratic management. The society is managed by a group known as “Board of Directors”. The members of the board of directors are the elected representatives of the society. The main purpose of a Co-operative Society is to provide service to its members.Related Questions on Business and Commerce
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