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Commerce · Q239

Business and Commerce

Graduate and Post Graduate · Commerce · question 239

Q239

The ___________ co-operative societies are started to help lower and middle class people.

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

Answer: Option A

Solution

Answer: Option A
Solution:
The Consumers co-operative societies are started to help lower and middle class people. These societies protect the weaker sections from exploitation by profit hungry businessmen. The society makes bulk purchases directly from the producers and sells these goods to the members on retail basis.