Q149
In the co-operative organization, the voting rights of members are __________.
A.
in proportion to the capital paid by each member
B.
equal, irrespective of amount of capital contribution
AnswerC.
in proportion to the nominal value of capital held by each member
D.
in proportion to the total finance supplied including the amount of loan by each member
Answer: Option B
Solution
Answer: Option B
Solution:
In the co-operative organization, the voting rights of members are equal, irrespective of amount of capital contribution.