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Co-operative societies formed to market the output of their members are called

Co-operative societies formed to market the output of their members are called
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Consumers' co-operative societies
  • B Marketing co-operative societies
  • C Credit and thrift co-operative societies
  • D Producers' co-operative societies
Correct Answer: Option B
Explanation:
Marketing Co-operatives: They are voluntary associations of producers formed with the objective of ensuring a steady market for the output of members. Marketing Co-operatives are especially suitable for marketing of agricultural products.

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