What is the term for elected members serving on the board of a co-operative society?

Correct option is B

The correct answer is (b) 5 years

Explanation:

• According to the Co-operative Societies Act of India, the term for elected members serving on the board of a co-operative society is typically 5 years.

• This term duration ensures that the board members have enough time to implement their policies and contribute effectively to the management of the society.

Information Booster:

• The Co-operative Societies Act provides a framework for the governance of co-operatives, specifying the procedures for elections, board functions, and terms of service.

• After 5 years, elections must be held for a new board, ensuring democratic functioning and allowing for a fresh set of leaders to represent the members.

• The Co-operative Societies are autonomous organizations aimed at economic self-help, and board elections are crucial for ensuring accountability and representation.