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Commerce · Q106

Business and Commerce

Graduate and Post Graduate · Commerce · question 106

Q106

The _________ co-operative societies are established for the benefit of small producers.

A.
Consumers
B.
Producers
Answer
C.
Marketing
D.
Housing

Answer: Option B

Solution

Answer: Option B
Solution:
The Producers co-operative societies are established for the benefit of small producers. To protect the interest of small producers, these societies are set up. The co-operative society members may be farmers, landowners, owners of the fishing operations. To increase the marketing possibilities and production efficiency, producers decide to work together or as separate entities.