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Examveda

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.

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