Question

Which is NOT a feature of a cooperative society?

• A. Voluntary membership
• B. Profit maximization
• C. Democratic control
• D. Service motive

Hint:

Cooperative = Service-oriented, not profit-driven!

Answer 1

The Correct Option is B

Cooperative societies exist to serve their members — farmers, producers, or consumers — not to maximize profits. They work on voluntary and open membership, democratic control (one member, one vote), and service motive. Profit is not the main aim — members share surplus proportionally.

Answer 2

Spot the Odd One Out: Three options describe genuine cooperative principles; one describes a completely different business model — find the mismatch.

Voluntary membership, democratic control, and service motive are all textbook cooperative features. Profit maximization, however, is the defining goal of a PRIVATE/corporate firm, not a cooperative (which exists to serve members, sharing surplus rather than maximizing it).

So 'Profit maximization' is the one that does NOT belong — the correct answer to a NOT question.