Ans. This statement is True.
(iv) Thus, membership is free to all in case of Co – operative Society
(i) Membership of a Co – operative Society is open to all irrespective of caste, colour, creed, religions, economic status, etc.
(ii) Any person from any community or society can become member of the Co – operative organisation. A new member is always welcome to a co-operative organisation.
(iii) The principle of equality, unity, self – help though mutual help, one member one vote etc. are the basic principles of Co – operatives which are with a view to protect common interest.
