Legal Environment For Co Operatives Set 4
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This set of Legal Environment for Co-operatives Multiple Choice Questions & Answers (MCQs) focuses on Legal Environment For Co Operatives Set 4
Q1 | Section ____ of KCS Act states that Co-op society can be registered with limited Liability?
- sec. 5
- sec. 6
- sec. 4
- sec.7
Q2 | _______ is the monthly publication of the Co-operative Department in Kerala.
- kerala co-operative journal
- sahakarana veedhi
- paraspara sahay
- sahakarana prabhodhini
Q3 | The resignation letter from a member of the Managing Committee of a society can beaccepted or rejected by ___________.
- president
- registrar
- managing committee
- general body
Q4 | Audit classification helps to guage the _______ of a society.
- financial stability
- profitability
- general working
- liquidity
Q5 | Securing of possession of records of a Co-operative society is dealt with under Section ____of KCS Act.
- 34
- 24
- 40
- 44
Q6 | Disposal of net profit of Co-operative societies shall be made as per section _____.
- 58
- 56
- 57
- 55
Q7 | Sec 28AB of KCS Act 1969 deals with ______
- election and removal of president, vice president
- state co-operative election commission
- annual general body meeting
- special general body meeting
Q8 | A Central society shall utilize the Subsidiary State Partnership Fund for the purpose of_____.
- purchasing shares in primary societies
- making payments to apex society
- all of these
- none of these
Q9 | An apex society shall utilize Principal State Partnership Fund for the purpose of _______.
- directly purchasing shares in other societies with limited liability
- providing moneys to central society to enable them to purchase shares in other societies
- making payments to the government in accordance with provisions of kcs act
- all of these
Q10 | Annual General body meeting of a Co-operative Society shall be held
- within one year
- within six months of close of the year
- within 6 months of closing of the financial year
- within 3 months on getting the audit report
Q11 | The accounts of a Co-operative Society should be audited within _______ of the close of thefinancial year.
- six months
- one year
- two years
- the period as mentioned in the byelaw
Q12 | In a Co-operative Society ________ is never allowed,
- meeting
- proxy
- audit
- voting
Q13 | The member of a Co-operative Society have
- limited liability
- unlimited liability
- joint and several liability
- joint liability
Q14 | Apex Society means
- state level society
- district level society
- village level society
- national level society
Q15 | The basic principle of a Co-operative Society is
- one share one vote
- one member one vote
- proxy vote
- open votes
Q16 | The motto of Co-operative Society is
- each for all and all for each
- each for all
- all for each
- all for all
Q17 | The Audit memorandum is prepared by
- registrar
- director of co-op. audit
- auditor
- committee of the society
Q18 | Change of name of society is defined in Section
- 12
- 13
- 14
- 10
Q19 | Every society shall start business within a period of ----------- from registration
- 5 months
- 3 months
- 6 months
- 12 months
Q20 | Annual General body of a society is defined in Section ----------
- 43
- 29
- 28
- 28 (5)
Q21 | The Co-operative Arbitration Court entertains?
- only monetary issue
- only non-monetary issues
- both monetary and non-monetary issues
- monetary issues upto rs. 10000 and non-monetary issues
Q22 | Who among the following has all powers of the Registrar except those laid under Sections32, 71 (1) and 87 of the Kerala Co-operative Societies Act 1969?
- deputy registrar
- additional registrar
- joint registrar
- assistant registrar
Q23 | As per which section, the Government gets direct partnership in the capital of a Co-operativeSociety?
- section 41
- section 42
- section 50
- section 51
Q24 | The jurisdiction of a Circle Co-operative union is?
- grama panchayath
- block panchayath
- taluk
- district
Q25 | The members of District Co-operative Bank consist of?
- only individuals
- individual and societies
- primary co-op. credit societies and urban co-op. bank
- only primary credit societies