Top 150+ Solved Legal FrameWork for Co-operatives MCQ Questions Answer
Q. The Taccavi laws are ………………………………
a. the deccan agricultural relief act & the land improvement loans act
b. the deccan agricultural relief act & the agricultural loans act
c. the land improvement loans act & the agricultural loans act
d. all of these
Q. In 1901 …………………. Commission recommended the starting f co- operative credit -societies to tackle the problem of rural farmers
a. mehta commission
b. varma commission
c. famine commission
d. none of these
Q. ………………. Was the first Co-operative Societies Act in India.
a. the deccan agricultural relief act
b. the land improvement loans act
c. the agricultural loans act
d. the co-operative credit societies act 1904
Q. Section 3 of the Co-operative Credit Societies Act 1904 is concerned with ……
a. the constitution of societies.
b. definitions
c. scope
d. powers
Q. Under Co-operative Credit Societies Act 1904, a society could be formedby any ………. persons living in the same village or town.
a. fifteen
b. ten
c. seven
d. three
Q. Under Co-operative Credit Societies Act 1904, the liability of ruralsocieties are …………………..
a. limited
b. unlimited
c. at the option
d. all of these
Q. Under Co-operative Credit Societies Act 1904, the liability of urbansocieties are …………………..
a. limited
b. unlimited
c. at the option
d. all of these
Q. The co-operative credit societies in each province were to be under thecontrol and administration of the …………………..
a. president
b. secretary
c. registrar
d. none of these
Q. Accounts of co-operative credit societies must be audited by …………….
a. president
b. secretary
c. registrar
d. chartered accountant
Q. ……… of the surplus of co-operative credit societies should be allotted toreserve fund.
a. 10%
b. 15%
c. 20%
d. 25%