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CBSE Class 11-commerce Answered

Which type of cooperative society members provide financial assistance to other members? Explain. 
Asked by Topperlearning User | 17 Jun, 2016, 05:21: PM
answered-by-expert Expert Answer

Credit cooperative society is formed to provide financial assistance in the form of direct loans to their members. This is well organised in rural and urban areas. Funds are pooled together by the members’ contribution to provide loans to the required members on simple terms and conditions. This enables to encourage the habit of thrift among their members. Thus, it controls spending too much of money unnecessarily.

Answered by | 17 Jun, 2016, 07:21: PM
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CBSE 11-commerce - Business Studies
Which type of cooperative society members provide financial assistance to other members? Explain. 
Asked by Topperlearning User | 17 Jun, 2016, 05:21: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Business Studies
<div> <div>Q.4 Give any two examples of Joint Ventures entered into by an Indian company</div> <div>with foreign multinational.</div> </div>
Asked by sntshtrk530 | 12 Sep, 2017, 04:11: PM
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CBSE 11-commerce - Business Studies
<div>Q.12 Explain few advantages of MNCs to host countries.</div>
Asked by sntshtrk530 | 12 Sep, 2017, 03:58: PM
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CBSE 11-commerce - Business Studies
<div> <div>Q.16 &ldquo;The public corporation has been the most common form of organization for</div> <div>public enterprise in recent times.&rdquo; Explain.</div> </div>
Asked by sntshtrk530 | 12 Sep, 2017, 03:55: PM
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