Top 150+ Solved Legal FrameWork for Co-operatives MCQ Questions Answer
Q. As per Madras Co-operative Societies Act, the audit of the societies mustbe done by …………..
a. secretary
b. chairman
c. chartered accountant
d. registrar
Q. Maximum amount of fine imposed shall be ………… as per MadrasCo-operative Societies Act.
a. rs. 500
b. rs. 1000
c. rs. 1500
d. rs. 200
Q. KCSA stands for ……………………..
a. kerala central societies act
b. kerala co-operative societies act
c. kerala consumer societies act
d. kerala coir societies act
Q. ………………….. is meant for hearing appeals against the orders, awards ordecisions of the Registrar or arbitrator.
a. co-operative arbitrator
b. registrar
c. co-operative tribunal
d. circle union
Q. Section 81 deals with a special provision for the establishment of ………….
a. co-operative arbitrator
b. registrar
c. co-operative tribunal
d. circle union
Q. As per ……………… a new penal provision namely ‘Surcharge’ is imposed inthe Act to deal wit the incidence of corruption, malpractices, misuse of powers etc. in a co-operative society.
a. section 65
b. section 68
c. section 70
d. section 72
Q. As per the Act, the minimum number of persons required for registering aco-operative society is fixed at ….
a. ten
b. fifteen
c. twenty five
d. fifty
Q. As per the KCSA societies shall be registered in the state with ………………
a. limited liability
b. unlimited liability
c. at their option
d. all of these.
Q. ……………. means a society having the whole of the state as its area ofoperation and having as its members only other societies with similar objects and declared as such by the Registrar.
a. circle co-operative union
b. apex society
c. federal co-operative society
d. central society
Q. . ……………… means a society having jurisdiction over one or more RevenueDistricts but not the whole of the State as its area of operation and having as its members only other societies and declared as such by the Registrar or the government.
a. circle co-operative union
b. apex society
c. federal co-operative society
d. central society
Q. . ………………… means a society having more than one district as its area ofoperation and having individuals and other co-operative societies.
a. circle co-operative union
b. apex society
c. federal co-operative society
d. central society
Q. …………… means the governing body of a co-operative society by whatevername called, to which the management of the affairs of the society is entrusted
a. society
b. committee
c. registrar
d. government
Q. . …………….. means a co-operative society having as its members only otherco-operative societies and the main object of which is to raise money and lend the sum to its members.
a. financing bank
b. circle co-operative union
c. central society
d. apex society
Q. . …………….. means a member who posses only such privileges and rightsof a member who is subjected only to such liabilities of a member as may be specified in the Bye-laws.
a. member
b. associate member
c. past member
d. none of these
Q. General Body is defined in the Act under ……………
a. section 27
b. section 28
c. section 29
d. section 30