Observation

Most candidates attempted this question and were able to provide the required responses.
 
The responses expected from candidates are:

            5(a) Types of Co-operative Societies

                   (i)      Wholesalers Co-operative Society
(ii)     Retailers Co-operative Society
(iii)    Multi-purpose Co-operative Society
(iv)    Producer/Manufacturers Cooperative Society

(v)     Credit,/Thrift Co-operative Society
(vi)    Consumers Co-operative Society
(vii)   Farmers Co-operative Society
(viii)  Workers/Staff Co-operative Society
(ix)    Building Co-operative Society

             (b)  Advantages of Cooperative Society

                   (i)      It encourages savings habit among members.
(ii)     It gives loans to members.
(iii)    It improves the standard of living of their members.
(iv)    It buy goods from producers and sells to their members at low prices.
(vi)    It settle disputes/conflicts among members.
(vii)   It obtain loans/grants from the government banks at cheaper rates.
(viii)  Members make profit from their investment in the society.
(ix)    It creates strong interpersonal relationship among members.
(x)     It enjoys continuity of operations.
(xi)    It carries out their managerial functions/activities at a low cost.
(xii)   Members have equal rights irrespective of their capital contributions.
(xiii)  It is easy to establish.