IGNOU MNRE 15 2018 - Explain the system of monitoring of cooperatives.

Question

Explain the system of monitoring of cooperatives.

16 Feb 2018

Answer :

Word Count : 450

The monitoring and evaluation of cooperatives is done at two levels - Government level and the Cooperative level. The monitoring of a cooperative institution is done on account of the following factors:
• Whether the cooperative operates in accordance with the provisions of the Cooperative Law, and observing the rules and guidelines issued from time to time;
• Whether the financial and other interests of members are safe and wellprotected;
• Whether the cooperative follows all procedures in respect of book-keeping, cash, inventory and other assets;

• Whether the cooperative is in conflict with individuals and

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