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Thursday, 09 April 2026
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The basic principle of cooperative societies is to ________

The basic principle of cooperative societies is to ________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • 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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