In a cooperative society the principle followed isa)No voteb)One man one votec)One share one voted)Multiple votesCorrect answer is option 'B'. Can you explain this answer?

Question

Answer

One man one vote principle is followed by cooperative society. Cooperative society is established for social welfare. So it does not follow such rules that are based on wealth.As our country's construction says one man one vote is followed by cooperative society.

Answer

One man one vote principle is followed by cooperative society. Cooperative society is established for social welfare. So it does not follow such rules that are based on wealth.As our country's construction says one man one vote is followed by cooperative society.

Answer

One man one vote principle in a cooperative society
Cooperative societies are based on the principle of democratic control and member participation. The one man one vote principle is followed to ensure that each member has an equal say in the decision-making process of the society. This principle ensures that no single member or group of members can dominate the decision-making process based on the number of shares they hold.

Importance of one man one vote principle
- Equal representation: By giving each member one vote, regardless of the number of shares they hold, the cooperative society ensures that every member has an equal say in the affairs of the society.
- Democratic control: The one man one vote principle promotes democratic decision-making within the society, where decisions are made based on majority rule rather than the concentration of power in the hands of a few.
- Member participation: This principle encourages active participation of all members in the functioning of the cooperative society, leading to a sense of ownership and responsibility among the members.

Conclusion
In conclusion, the one man one vote principle is an essential aspect of cooperative societies as it ensures equality, democracy, and member participation. By giving each member an equal say in the decision-making process, cooperative societies can operate in a fair and transparent manner, ultimately benefiting all members involved.

Answer

B is correct answer

Answer

Answer (b) is correct

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