The basic principle of cooperative societies is to ________
A.
maintain the integrity of their members
B.
protect the interest and pursue the welfare of members
C.
ensure better working conditions for members
D.
provide voluntary services to the members
Correct Answer: Option B
Explanation
A cooperative society as a voluntary business organization in which a group of individual with common interest pool their resources together to promote the economic welfare of the members in production, distribution and consumption of goods and services.
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