Which of the following correctly describes cooperative sector industries?
2025
Which of the following correctly describes cooperative sector industries?
- A.
Owned and operated by central government agencies.
- B.
Operated solely for export purposes.
- C.
Owned by workers or suppliers sharing profits and losses
- D.
Maintained by foreign companies with Indian partnerships.
Attempted by 2 students.
Show answer & explanation
Correct answer: C
Cooperative sector industries are owned and operated collectively by workers, producers or suppliers, who share profits and losses.