Question:

What is the basic element of cooperative?

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Cooperatives are built on the foundation of mutual cooperation, voluntary membership, and democratic decision-making.
Updated On: Oct 28, 2025
  • Mutual cooperation
  • Voluntary membership
  • Democratic functioning
  • All of these
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The Correct Option is D

Solution and Explanation

The basic elements of a cooperative are mutual cooperation, voluntary membership, and democratic functioning, which are the fundamental principles of cooperatives.
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