The benefits of cooperatives are

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Credit at reasonable terms.

Less exploitation

More discipline

All of the above

answer is D.

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Detailed Solution

exploitation, and more discipline.
There are various benefits to being a member of a cooperative society. A member can get credit for personal or professional reasons at a very reasonable interest rate. The members are not exploited like in informal sources of credit and can avail of loans by giving minimum collateral. Cooperatives also build and strengthen discipline in the members regarding saving and investment. Members of the cooperative society collectively decide on various social and economic factors, which promotes unity and creates a sense of social well-being. Thus, cooperatives benefit everyone with better quality products at competitive prices without exploiting mediators.

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