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Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEntrepreneurshipEntrepreneurial Planning1 Mark
Question
Define co-operative as per the Indian Co-operative Societies Act, 1912.
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Answer

The Indian Co-operative Societies Act, 1912 defines co-operative in Section 4 as, “Society which has its objectives of the promotion of economic interests of its members in accordance with co-operative principle."

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