11th Class Principles of Commerce Chapter 8 Cooperative Society Short Question Preparation

11th Class Principles of Commerce

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11th Class Principles of Commerce Chapter Wise Preparation

Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
Chapter 11
Chapter 12
Chapter 13
Chapter14
Chapter15
Chapter16
Chapter17
Chapter 18
Chapter 19
Chapter20
Chapter21
Chapter22
Chapter23
Chapter24
Chapter25
Chapter26

Online Short Questions For Chapter 8 "11th Class Principle of Commerce Chapter 8 Short Questions Preparation "

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Principle of Commerce (English Medium) - 11th Class Principle of Commerce Chapter 8 Short Questions Preparation

Question # 1

How does the membership of a co operative society attained.

Ans 1: Teh memebership of society is open for all abdult persons. for this purpse, the purchase of one share is sufficient.

Question # 2

What is the number of members in a cooperatiive society.

Ans 1: In Pakistan, the minimum number of memebrs required for the establishment of a cooperative society is 30 and 50 for other societies However, there is no restrition of maximum number of memebers

Question # 3

What are the sources of capital of a cooperative society.

Ans 1: The capital of the society is contributed by teh memebrs through purchase of shares and paying memebrship fee in cooperative society one memebr can bhy shares on upto one fifth of share capital.

Question # 4

State teh liability of memebrs in a cooperative society.

Ans 1: The liability of the mebers in a cooperative Socieity is generally limited but in cas eof agricultureal cooprative credit societies, the libaility of the memebrs of unlimited.

Question # 5

Define cooperative society.

Ans 1: Cooperative society is formed for the promotion of thrift, self help and mutual aid among agriculturists and other persons with common economic, needs so as to bring about better living, better business and better methods of production and for that purpose to consolidate sources.

Question # 6

State the important features of cooperative society.

Ans 1: i- Voluntary membership
Ans 2: ii- Voluntary registration
Ans 3: iii- Elected managment. iv- One vote right
Ans 4: v- Specifif objeives vi- Cash transactions.

Question # 7

How does the co operative society run its business affairs .

Ans 1: The memebers elect the managing committee to carry on day to day affairs of the socieyt. the managing committee carries out the policies as laid down in the general meeting of the society, but every important matter is alwys decided by the majority of memebrs.

Question # 8

What is the basic objective of forming of cooperative society.

Ans 1: The main objective of the formation of cooperative society is the Welfare of memebrs and is to work on the principle " All for each and each for all".

Question # 9

Write down the merits of co operative society.

Ans 1: i - Elimination of middlemen ii- Promotion in savings
Ans 2: iii- Better standar dof living iv- Equal distribution of wealth
Ans 3: v- Less prices for memebrs vi- More employment

Question # 10

How does co operative society playits role inthe economic developmentof a country.

Ans 1: Cooperative society is one type of the business units. It also contributes toward the economic development by increasing output and providing employment etc. In the presence of cooperative societies, the balanced growth of country is possible

Submit

Prepare Complete Set Wise Questions For Chapter 8 "11th Class Principle of Commerce Chapter 8 Short Questions Preparation "

Set 1

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11th Class Principle of Commerce Chapter 8 Short Questions Preparation - Set 1

Question # 1

How does the membership of a co operative society attained.

Ans 1: Teh memebership of society is open for all abdult persons. for this purpse, the purchase of one share is sufficient.

Question # 2

What is the number of members in a cooperatiive society.

Ans 1: In Pakistan, the minimum number of memebrs required for the establishment of a cooperative society is 30 and 50 for other societies However, there is no restrition of maximum number of memebers

Question # 3

What are the sources of capital of a cooperative society.

Ans 1: The capital of the society is contributed by teh memebrs through purchase of shares and paying memebrship fee in cooperative society one memebr can bhy shares on upto one fifth of share capital.

Question # 4

State teh liability of memebrs in a cooperative society.

Ans 1: The liability of the mebers in a cooperative Socieity is generally limited but in cas eof agricultureal cooprative credit societies, the libaility of the memebrs of unlimited.

Question # 5

Define cooperative society.

Ans 1: Cooperative society is formed for the promotion of thrift, self help and mutual aid among agriculturists and other persons with common economic, needs so as to bring about better living, better business and better methods of production and for that purpose to consolidate sources.

Question # 6

State the important features of cooperative society.

Ans 1: i- Voluntary membership
Ans 2: ii- Voluntary registration
Ans 3: iii- Elected managment. iv- One vote right
Ans 4: v- Specifif objeives vi- Cash transactions.

Question # 7

How does the co operative society run its business affairs .

Ans 1: The memebers elect the managing committee to carry on day to day affairs of the socieyt. the managing committee carries out the policies as laid down in the general meeting of the society, but every important matter is alwys decided by the majority of memebrs.

Question # 8

What is the basic objective of forming of cooperative society.

Ans 1: The main objective of the formation of cooperative society is the Welfare of memebrs and is to work on the principle " All for each and each for all".

Question # 9

Write down the merits of co operative society.

Ans 1: i - Elimination of middlemen ii- Promotion in savings
Ans 2: iii- Better standar dof living iv- Equal distribution of wealth
Ans 3: v- Less prices for memebrs vi- More employment

Question # 10

How does co operative society playits role inthe economic developmentof a country.

Ans 1: Cooperative society is one type of the business units. It also contributes toward the economic development by increasing output and providing employment etc. In the presence of cooperative societies, the balanced growth of country is possible

Submit

11th Class Principles of Commerce Chapter 8 Short Questions Preparation

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11th Class Principles of Commerce Chapter 8 Cooperative Society Short Question Preparation

11th Class Principles of Commerce

11th Class Principles of Commerce Chapter Wise Preparation

Online Short Questions For Chapter 8 "11th Class Principle of Commerce Chapter 8 Short Questions Preparation "

Principle of Commerce (English Medium) - 11th Class Principle of Commerce Chapter 8 Short Questions Preparation

How does the membership of a co operative society attained.

What is the number of members in a cooperatiive society.

What are the sources of capital of a cooperative society.

State teh liability of memebrs in a cooperative society.

Define cooperative society.

State the important features of cooperative society.

How does the co operative society run its business affairs .

What is the basic objective of forming of cooperative society.

Write down the merits of co operative society.

How does co operative society playits role inthe economic developmentof a country.

Prepare Complete Set Wise Questions For Chapter 8 "11th Class Principle of Commerce Chapter 8 Short Questions Preparation "

Set 1

11th Class Principle of Commerce Chapter 8 Short Questions Preparation - Set 1

How does the membership of a co operative society attained.

What is the number of members in a cooperatiive society.

What are the sources of capital of a cooperative society.

State teh liability of memebrs in a cooperative society.

Define cooperative society.

State the important features of cooperative society.

How does the co operative society run its business affairs .

What is the basic objective of forming of cooperative society.

Write down the merits of co operative society.

How does co operative society playits role inthe economic developmentof a country.

11th Class Principles of Commerce Chapter 8 Short Questions Preparation

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