Teaching Business Studies Forms Of Business Organisation Question Bank MCQ - Forms of Business organisations

  • question_answer
    Direction:  In the question given below are two statements labelled as Assertion (A)  and Reason (R). In the context of the two statements which one of the following is correct?
    Assertion (A)  The affairs of a cooperative society are openly discussed in the meeting of its members.
    Reason (R) It is difficult to maintain secrecy about the operations of a cooperative society due to open discussion in the meeting and discussion obligation as per the Societies Act (7).
    Codes

    A)                                  Both A and R are true and R is the correct explanation of A

    B)                     A is true, but R is false

    C)                     Both A and R are false

    D)         Both A and R are true, but R is not the correct explanation of A

    Correct Answer: D


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