Top 150+ Solved Legal FrameWork for Co-operatives MCQ Questions Answer
Q. The co-operative credit societies could advance loans to members on ………
a. personal security
b. real security
c. personal or real security
d. third party guarantee
Q. The Co-operative Credit Societies Act 1904 was replaced by ………………
a. the co-operative societies act 1912
b. the co-operative societies act 1914
c. the co-operative societies act 1915
d. the co-operative societies act 1918
Q. As per The Co-operative Credit Societies Act 1904, no member can holdshares exceeding ……………… in a society.
a. rs. 1000
b. rs. 2000
c. rs. 5000
d. rs. 10000
Q. A society could be inspected by the …….. under Co-operative Societies Act1912, on a requisition by a creditor.
a. president
b. secretary
c. registrar
d. chartered accountant
Q. The committee to prepare a model co-operatives Act was headed by ………
a. mehta
b. mishra
c. chaudheri brahm
d. rajgopalachari
Q. ……… was the first state passed the new Act on the basis of the Model Act.
a. maharashtra
b. andhra pradesh
c. kerala
d. gujarat
Q. The first society registered on the basis of the Model Act in ………………….
a. 1991
b. 1993
c. 1995
d. 1997
Q. …………… has been made accountable for timely conduct of elections,regular convening of meetings of the managing committee.
a. registrar
b. board of directors
c. managing committee
d. secretary
Q. …………… was permitted to use their discretion in making rules and byelaws of the societies under Co-operative Societies Act 1912.
a. central govt.
b. state govt.
c. local govt.
d. none of these
Q. …………….. is an Act to consolidate and amend the law relating to co- operative societies.
a. the co-operative credit societies act 1904
b. model co-operative act
c. the multi-state co-operative societies act, 2002
d. the co-operative societies act 1912
Q. Multi-state co-operative societies may be registered as per …………………
a. section 5
b. section 3
c. section 2
d. section 1
Q. The application for registration of multi-state co-operative society is madeto ……….
a. the central govt.
b. central registrar
c. secretary
d. financing bank