TYPES OF COOPERATIVE SOCIETY

MAY 13, 2020

 DAY 3

 THANK YOU FOR LOGGING IN!

GOOD MORNING BOYS! 

 PLEASE MARK YOU ATTENDANCE FIRST THROUGH THE FOLLOWING LINKS:
XI A- https://forms.gle/G3V6k5aW82qbSVc47

XI B- https://forms.gle/5sZa82phzuy4YN1a8

LEARNING OUTCOMES- AT THE END OF THE TOPIC, STUDENTS WILL BE ABLE TO:
1) EXPLAIN THE TYPES OF COOPERATIVE SOCIETIES.
2) DIFFERENTIATE BETWEEN ALL THE TYPES OF COOPERATIVE SOCIETIES.

WATCH A SMALL VIDEO FIRST TO UNDERSTAND THE TOPIC BETTER:


NOW TAKE DOWN THE NOTES:

Q.21 Explain the types of cooperative societies. (6)
Ans- 1. Consumer Cooperative Societies-
a) The consumer cooperative societies are formed to protect the interest of the consumers. It aims to provide the good quality products at reasonable prices.
b) The goods are purchased in bulk from the wholesalers and then sold to the members and this reduces the cost of the products. If any profit is earned, then it is distributed amongst the members in their capital contribution or purchases made by them.
2. Producers Cooperative Societies-
a It was formed with the aim to protect the interest of small producers and provide raw materials, equipments and other inputs to the members at lower prices.
b)The output may be sold by the members of the society and the profit earned is shared by members on the basis of their contributions towards the total production or sale of goods.
3. Marketing cooperative societies-
a)They are established to help the small producers in selling their product . It eliminates middlemen and helps producers to secure a good market for the products.
b) The society takes care of packaging , warehousing and transporting so that the products can be sold at the best possible price and the profit earned from the sale of products is distributed among the members as per their contributions to the pool of output.
4. Farmers cooperative societies-
a) They are formed by the farmers with an aim to get better inputs at reasonable cost.These societies provide individual farmers the benefits of large scale farming and hence increases productivity.
b) They provide farmer members better quality seeds ,fertilizers, machinery and other modern techniques at reasonable prices.
5.Credit Cooperative societies-
a) They are established to provide financial assistance to its members at very reasonable terms. They collect money from its members as capital or deposits and then use the same funds to provide loans to its members at very low interest rates.
b) The main aim of such societies is to protect its members from the exploitation of money lenders who charge very high rate of interest on loans.
6. Cooperative Housing Societies-
a) They are established to construct houses for its members at reasonable costs.
b) Members pool in funds and acquire residential land and then either construct houses or provide plots to members so that they can construct houses of their choice. Members of the society have the options of paying in instalments rather than lump sum amount.

QUESTIONS:

 1) Compare the status of a minor in JHFB with that in a partnership firm.(3)

 2) 'Cooperative Societies exemplify democracy and secularism'. Explain.(3)

 GOD BLESS YOU ALL!

Comments

  1. SURYA GARGMay 13, 2020 at 8:50 AM

    Surya Garg
    11-A
    13

    ReplyDelete
  2. IshantMay 13, 2020 at 9:52 AM

    Ishant
    11-A
    Roll no. 1

    ReplyDelete
  3. Rohit jacobMay 13, 2020 at 9:53 AM

    Rohit jacob
    11B
    Roll no. 12

    ReplyDelete
  4. Samaksh KatyalMay 13, 2020 at 9:55 AM

    Samaksh Katyal
    Roll no 16
    11-B

    ReplyDelete
  5. GATIJ SHRIVASTAVAMay 13, 2020 at 10:01 AM

    Gatij Shrivatava
    Roll no. 32
    Class 11B

    ReplyDelete
  6. AaravMay 13, 2020 at 10:06 AM

    Aarav sharma
    11 B

    ReplyDelete
  7. Pratham JainMay 13, 2020 at 10:08 AM

    Pratham jain
    11B
    Roll no 13

    ReplyDelete
  8. Aditya thapliyalMay 13, 2020 at 10:11 AM

    Aditya thapliyal
    Roll no.42

    ReplyDelete
  9. UnknownMay 13, 2020 at 10:23 AM

    Albit jude
    Roll no.31

    ReplyDelete
  10. Vansh KohliMay 13, 2020 at 10:36 AM

    This comment has been removed by the author.

    ReplyDelete
  11. ShivangMay 13, 2020 at 10:41 AM

    Shivang singhal
    XI A
    Roll no.44

    ReplyDelete
  12. Edwin sajiMay 13, 2020 at 10:44 AM

    Edwin saji Roll no 39 11 A

    ReplyDelete
  13. AnonymousMay 13, 2020 at 10:44 AM

    Prasham Jain
    11 A
    roll no. 20

    ReplyDelete
  14. UnknownMay 13, 2020 at 10:45 AM

    Sujay massey
    11-A
    Roll no.32

    ReplyDelete
  15. Pranshu ShrivastavaMay 13, 2020 at 10:50 AM

    Pranshu Shrivastava
    11-A
    Roll No.42

    ReplyDelete
  16. Devyaan AroraMay 13, 2020 at 10:52 AM

    Devyaan Arora
    11-A
    Roll no.3

    Ma'am
    I wasn't able to publish it throught the link

    ReplyDelete
  17. ArnasMay 13, 2020 at 10:52 AM

    Arnas Kumar
    11-A
    Roll no. 29

    ReplyDelete
  18. UnknownMay 13, 2020 at 10:55 AM

    Arnav Rastogi
    XI-A

    ReplyDelete
    Replies
    1. UnknownMay 13, 2020 at 10:56 AM

      Ma'am
      I wasn't able to publish it throught the link

      Delete
  19. Madan AgarwalMay 13, 2020 at 11:03 AM

    Madan Agarwal
    XI-A
    Roll No.2

    ReplyDelete
  20. HebinMay 13, 2020 at 11:08 AM

    Hebin Jose
    Roll No-22
    11-A

    ReplyDelete
  21. Vansh KohliMay 13, 2020 at 11:18 AM

    Vansh Kohli
    11-A

    ReplyDelete
  22. ShauryaMay 13, 2020 at 11:21 AM

    Shaurya Garg
    11A
    12

    ReplyDelete
  23. HebinMay 13, 2020 at 12:15 PM

    Hebin Jose
    11-A
    Roll no-22

    ReplyDelete
  24. ANSH GUPTAMay 13, 2020 at 12:49 PM

    ANSH GUPTA
    11 A
    16

    ReplyDelete
    Replies
    1. ANSH GUPTAMay 13, 2020 at 12:50 PM

      I wasn't able to mark my attendence using the link.

      Delete

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