56. According to the 97th Amendment Act, the cooperative societies shall be required to prepare and submit their __ to the Registrar.
a) Annual budget
b) Financial statements
c) Balance sheets
d) All of the above
57. The 97th Amendment Act prohibits the members of a cooperative society from receiving __.
a) Gifts
b) Loans
c) Compensation
d) All of the above
58. According to the 97th Amendment Act, the cooperative societies shall be required to maintain a __.
a) Membership fund
b) Reserve fund
c) Welfare fund
d) Development fund
59. The 97th Amendment Act provides for the establishment of a __ to promote research and development in the field of cooperatives.
a) Cooperative Research Institute
b) Cooperative Education Council
c) Cooperative Innovation Center
d) Cooperative Knowledge Hub
60. According to the 97th Amendment Act, the cooperative societies shall be required to prepare and submit their __ to the Registrar.
a) Annual report
b) Profit and loss accounts
c) Cash flow statements
d) All of the above
