34 Social -- Cooperatives and it's Economic Importance

Make the list of types of cooperatives in Nepal. Describe each of them.

1 Answers

The types of co-operatives found Nepal are:

- Worker's co-operative:
The co-operative organization established by the workers of any organization is worker's cooperative. In a worker's co-operative, there are no any outsiders meaning only workers own the shares of the association.

- Consumer's co-operative:
A consumer cooperative is a cooperative business owned by its customers for their mutual benefit. Also, the employees can be members of consumer's co-operative.

- Agricultural Cooperatives:
It is the cooperative owned by the farmers, for their common aims and needs. These cooperatives are located widely in rural areas. They are both marketing and supply cooperatives. Some of them may be govt. sponsored.

What is co-operative organization?

Co-operative organization as an independent association of people united voluntarily to meet their common economic, social, cultural needs and goals through a jointly owned and democratically controlled business.

Mention any two principles of co-operatives.

Any two principles of co-operative are:
- Open membership.
- Democratic control.

Which is the most important types of cooperatives for an agricultural country like Nepal? Why?

Agricultural co-operative is most important types of cooperatives for an agricultural country like Nepal because it helps all the farmers of Nepal to be united to meet their own social, cultural or economic needs.

Write down two points showing advantages of co-operatives?

Any two points that shows advantages of co-operatives are:
- Cooperatives are made for imparting social services.
- A co-operative doesn't need to pay any taxes.

"Agricultural cooperatives are boon for the farmers."

Cooperatives is an independent association of people united for the meeting of their own needs and requirements. It helps its shareholders to be financially enabled and increase productivity. In case of farmers, many farmers are economically weak and cannot make the investment in the desired sector. But agricultural cooperatives helps these farmers to be united and work together for the fulfillment of their requirements with the common...

List the advantages of co-operatives.

The advantages of co-operatives are:
- Formation of cooperative organization is easy.
- One can easily become a member of a co-operative.
- Co-operatives are made for imparting social services.
- A cooperative doesn't need to pay any taxes.
- Every members have equal right in cooperative.
- It...