Single Answer MCQ
Q-00044301
What defines a cooperative sector industry?
1
Owned by the government
2
Jointly operated by the state and individuals
3
Owned by producers or workers
4
Privately owned by individuals or groups
Answer and Solution
Answer
C. Owned by producers or workers
Solution:
The correct answer is 'Owned by producers or workers'. Cooperative sector industries are managed by those who utilize them, sharing the profits and losses.
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