Which of the following statements is/are correct about Cooperative Farming?
Answer & explanation
Correct answer: option 4
A group of farmers form a co-operative society by pooling in their resources voluntarily for more efficient and profitable farming. Individual farms remain intact and farming is a matter of cooperative initiative. Co-operative societies help farmers, to procure all important inputs of farming, sell the products at the most favourable terms and help in processing of quality products at cheaper rates.