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MCQs · Q1

Q.In a cooperative society, voting power in the general body is based on the principle of:

(a) One share, one vote
(b) One member, one vote
(c) Voting in proportion to capital contributed
(d) Voting only by the managing committee
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✓ Free question

Voting rights within a cooperative society follow a deliberately different logic from company law, and this question checks that distinction.

Option (a), one share one vote, and option (c), voting in proportion to capital, both describe how voting rights work in a joint stock company, where influence follows shareholding — this is explicitly not how a cooperative society is meant to work.

Option (d) is incorrect because ordinary members, not just the managing committee, have voting rights in the general body — the managing committee is elected by, and accountable to, the general body of members, not the other way around.

Option (b) is correct: democratic control is one of the Rochdale Principles, under which every member gets exactly one vote in the society's general body, irrespective of the number of shares held or the amount of capital contributed. This is the single feature that most sharply distinguishes a cooperative from a joint stock company, and it keeps control genuinely spread across the membership rather than concentrated with whoever has contributed the most capital.

✓Final answer

(b) One member, one vote

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