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1

A ……………………. institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.

Correct Answer: cooperative

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Co-operative Management and Administration MCQ: A ……………………. institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members. | Extra Education