NABTEB Economics 2025 Objective — Question 8
Question 8 of 60 from the National Business and Technical Examinations Board (NABTEB) Economics 2025 Objective paper, with the correct answer and a full explanation.
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Consumer's Cooperative Society maximises the welfare of its members through the following except
- A. cash lendingCorrect
- B. encouragement of savings
- C. involvement of middlemen
Explanation
Consumer cooperatives focus on purchasing, savings, involvement of members, marketing products and reducing prices; cash lending is typically not a primary function of consumer cooperatives.
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