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 cooperative society aims at collective pool of resources for better utilisation.
    Reason (R) Cooperative society provides loans to their members at easy terms and reasonably low rate of interest.
    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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