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<html><body><h2 id="content-id-0291763584-2"><b>Reading Comprehension Questions Overview</b></h2><p>Reading Comprehension Questions have a good weightage in the Sbi Po Exam and the type of question asked in Sbi Po exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Reading Comprehension Questions.</p><h2 id="content-id-2748693150-3"><b> Comprehension On Reading Comprehension Questions</b></h2>Read the following passage carefully and answer the questions that follows.

Cooperative societies in India have historically played a pivotal role in fostering economic democracy and social welfare. Conceived as instruments of collective action, these societies allow members to pool resources, share risks, and derive mutual benefits. Their emergence in colonial India was driven not only by the need to counter exploitative practices of moneylenders but also by the desire to empower marginalized communities through collective ownership and self-reliance.

Despite their potential, cooperative societies have faced persistent challenges. Political interference, bureaucratic inefficiencies, and mismanagement have often hindered their effectiveness. Many societies, particularly in the credit and agricultural sectors, have struggled with loan defaults, poor governance, and inadequate professional expertise. Yet, success stories like the Amul cooperative in Gujarat demonstrate that with visionary leadership, member participation, and disciplined operations, cooperatives can thrive and serve as engines of rural development.

Furthermore, legislative frameworks like the Cooperative Societies Act of 1912, and its subsequent amendments, have sought to regulate and streamline cooperative operations. Modern reforms emphasize autonomy, transparency, and accountability, attempting to reduce political manipulation and enhance financial viability. In essence, the cooperative movement in India is not merely a mechanism for economic transactions; it is an evolving social experiment, reflecting the tension between idealistic objectives and ground realities, between collective aspirations and administrative challenges.
<h2 id="content-id-8740521936-4"><b>Question On Reading Comprehension </b></h2>A person who participates actively in the operation and decision-making of a cooperative society is called:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 91 Seconds </h3></div></div><h2 id="content-id-5124960387-5"><b> Reading Comprehension Questions Options</b></h2><ol><li><p>Member</p>
</li><li><p>Stakeholder</p>
</li><li><p>Shareholder</p>
</li><li><p>Contributor</p>
</li></ol> <h2 id="content-id-2601548739-6"><b> Reading Comprehension Questions Solution</b></h2><p><strong>The correct answer is option 1 i.e. Member.</strong></p>

<p><strong>Line to refer:</strong> <em>“These societies allow members to pool resources, share risks, and derive mutual benefits.”</em></p>

<p><strong>Detailed explanation:</strong><br>
In a cooperative society, the individuals who participate in operations, take decisions, and share profits and responsibilities are called <strong>members</strong>. A <strong>shareholder</strong> refers to one who holds shares in a company, while a <strong>stakeholder</strong> has a broader interest, and <strong>contributor</strong> is too general.</p>

<p><strong>Hence, the chosen option is correct.</strong></p>
<h2 id="content-id-8273160459-7"><b> Reading Comprehension Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Reading_Comprehension_Questions_Tips_and_Tricks.png" alt="Reading Comprehension Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Reading Comprehension Questions without taking any help from the solutions.</li><li>Reading Comprehension Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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The correct answer is option 1 i.e. Memb - Reading Comprehension Questions are asked in Sbi Po exams and your question has been explained by experts like Neetu Mam.

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