With reference to Co-operatives, consider the following statements:1.Cooperatives are people-centric organizations as they operate with a focus on people rather than capital.2.Cooperation holds immense potential to ensure comprehensive economic growth. Select the correct statements using the codes given below:

Q. With reference to Co-operatives, consider the following statements:
1.Cooperatives are people-centric organizations as they operate with a focus on people rather than capital.
2.Cooperation holds immense potential to ensure comprehensive economic growth.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Explanation –

Statements 1 and 2 are correct. Cooperatives are people-centric organizations as they operate with a focus on people rather than capital. Cooperation holds immense potential to ensure comprehensive economic growth.

Source: ForumIAS

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS