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This set of Legal FrameWork for Co-operatives Multiple Choice Questions & Answers (MCQs) focuses on Legal Framework For Co Operatives Set 1
Q1 | The Deccan Agricultural Relief Act was passed in ……………….
- 1875
- 1878
- 1879
- 1880
Q2 | The Land Improvement Loans Act was passed in ……………….
- 1885
- 1886
- 1887
- 1888
Q3 | The Agricultural Loans Act of 1884 was passed in ……………….
- 1885
- 1884
- 1890
- 1895
Q4 | The Taccavi laws are ………………………………
- the deccan agricultural relief act & the land improvement loans act
- the deccan agricultural relief act & the agricultural loans act
- the land improvement loans act & the agricultural loans act
- all of these
Q5 | In 1901 …………………. Commission recommended the starting f co- operative credit -societies to tackle the problem of rural farmers
- mehta commission
- varma commission
- famine commission
- none of these
Q6 | The first Co-operative Credit Societies Act was passed in ………………
- 1901
- 1902
- 1903
- 1904
Q7 | ………………. Was the first Co-operative Societies Act in India.
- the deccan agricultural relief act
- the land improvement loans act
- the agricultural loans act
- the co-operative credit societies act 1904
Q8 | The Co-operative Credit Societies Act 1904 contains …………… Sections
- 25
- 28
- 29
- 30
Q9 | Section 3 of the Co-operative Credit Societies Act 1904 is concerned with ……
- the constitution of societies.
- definitions
- scope
- powers
Q10 | Under Co-operative Credit Societies Act 1904, a society could be formedby any ………. persons living in the same village or town.
- fifteen
- ten
- seven
- three
Q11 | Under Co-operative Credit Societies Act 1904, the liability of ruralsocieties are …………………..
- limited
- unlimited
- at the option
- all of these
Q12 | Under Co-operative Credit Societies Act 1904, the liability of urbansocieties are …………………..
- limited
- unlimited
- at the option
- all of these
Q13 | The co-operative credit societies in each province were to be under thecontrol and administration of the …………………..
- president
- secretary
- registrar
- none of these
Q14 | Accounts of co-operative credit societies must be audited by …………….
- president
- secretary
- registrar
- chartered accountant
Q15 | ……… of the surplus of co-operative credit societies should be allotted toreserve fund.
- 10%
- 15%
- 20%
- 25%
Q16 | The co-operative credit societies could advance loans to members on ………
- personal security
- real security
- personal or real security
- third party guarantee
Q17 | The Co-operative Credit Societies Act 1904 was replaced by ………………
- the co-operative societies act 1912
- the co-operative societies act 1914
- the co-operative societies act 1915
- the co-operative societies act 1918
Q18 | As per The Co-operative Credit Societies Act 1904, no member can havemore than …… of the total share capital.
- ½
- 1/3
- ¼
- 1/5
Q19 | As per The Co-operative Credit Societies Act 1904, no member can holdshares exceeding ……………… in a society.
- rs. 1000
- rs. 2000
- rs. 5000
- rs. 10000
Q20 | A society could be inspected by the …….. under Co-operative Societies Act1912, on a requisition by a creditor.
- president
- secretary
- registrar
- chartered accountant
Q21 | The committee to prepare a model co-operatives Act was headed by ………
- mehta
- mishra
- chaudheri brahm
- rajgopalachari
Q22 | ……… was the first state passed the new Act on the basis of the Model Act.
- maharashtra
- andhra pradesh
- kerala
- gujarat
Q23 | The first society registered on the basis of the Model Act in ………………….
- 1991
- 1993
- 1995
- 1997
Q24 | …………… has been made accountable for timely conduct of elections,regular convening of meetings of the managing committee.
- registrar
- board of directors
- managing committee
- secretary
Q25 | …………… was permitted to use their discretion in making rules and byelaws of the societies under Co-operative Societies Act 1912.
- central govt.
- state govt.
- local govt.
- none of these