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Question

Provision of residential accommodation to the member at reasonable rates is the objective of ________________.
  1. Producer's co-operative
  2. Consumer's co-operative
  3. Housing co-operative
  4. Credit co-operative

A
Credit co-operative
B
Consumer's co-operative
C
Housing co-operative
D
Producer's co-operative
Solution
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Cooperative housing societies are formed to provide residential accommodation to its members at a reasonable rate. They purchase land, develop it and construct houses or flats and allot the same to members.

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