Cooperative Societies Act

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Indian Economy - Understanding the basics of Indian economic system

The President of a Co-operative Society is

Owner

Employees

Officer

Adviser

- Owner: The President is not the owner, as a co-operative is collectively owned by its members.

- Employees: The President is not an employee, but may work with employees to run the society.

- Officer: The President functions as an officer, holding a position of leadership and responsibility within the co-operative society.

- Adviser: While the President may provide guidance, they are primarily in an active leadership role rather than just advising.