Question:
Which is NOT a feature of a cooperative society?
Which is NOT a feature of a cooperative society?
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Cooperative = Service-oriented, not profit-driven!
Updated On: Jul 3, 2025
- Voluntary membership
- Profit maximization
- Democratic control
- Service motive
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The Correct Option is B
Solution and Explanation
Cooperative societies exist to serve their members — farmers, producers, or consumers — not to maximize profits. They work on voluntary and open membership, democratic control (one member, one vote), and service motive. Profit is not the main aim — members share surplus proportionally.
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