GENERAL KNOWLEDGE

GK

CO OPERATION CO OPERATIVE SOCIETIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a ____ everyone enjoys the same rights and assumes the same obligations.
A
Kibbutz
B
Moshavim
C
Both (a) and (b)
D
None of these
Explanation: 

Detailed explanation-1: -Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

Detailed explanation-2: -A co-operative society is often a voluntary association of individuals who come together with the intention to work together and to promote their economic interest. These societies work on the principle of self-help as well as mutual help. The primary goal is to provide support to the members.

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