Vidyalelo
Commerce · Q25

Business and Commerce

Graduate and Post Graduate · Commerce · question 25

Q25

The minimum number of members required for registration of a co-operative society is ________.

A.
2
B.
7
C.
10
Answer
D.
20

Answer: Option C

Solution

Answer: Option C
Solution:
A minimum of ten members are required to form a cooperative society. The Co operative societies Act do not specify the maximum number of members for any co-operative society. However, after the formation of the society, the member may specify the maximum number of members.