Business Studies · Cooperative Societies

Cooperative organizations play a highly significant role in which of the following sectors in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Mining
2Heavy Manufacturing
3Agriculture✓
4Aerospace

Correct answer

Agriculture

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Consider the following statements regarding Consumer Cooperative Stores: 1. Consumer cooperative stores are owned and managed by consumers themselves. 2. Their main objective is to maximize profit for shareholders. 3. They aim to eliminate middlemen and provide goods at reasonable prices. Which of the statements given above is/are correct?

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