97th Amendment and Co-operative Societies

WhatsApp Channel Join Now
Telegram Group Join Now

26. Which of the following is a provision introduced by the 97th Amendment Act to promote the professional management of cooperative societies?
a) Mandatory training for elected members of cooperative societies
b) Appointment of government officials as administrators of cooperative societies
c) Centralized control of cooperative societies by the Registrar
d) Reservation of seats for professionals in the board of cooperative societies

View Answer >

27. According to the 97th Amendment Act, the members of a cooperative society shall have the right to __.
a) Elect the president of the society
b) Determine the membership fees
c) Inspect the books of accounts of the society
d) Approve the budget of the society

View Answer >

28. The 97th Amendment Act enables the cooperative societies to __ for their members.
a) Conduct elections
b) Provide social security
c) Issue shares
d) All of the above

View Answer >

29. According to the 97th Amendment Act, the board of a cooperative society shall consist of __.
a) A minimum of 5 members
b) A minimum of 7 members
c) A minimum of 9 members
d) A minimum of 11 members

View Answer >

30. The 97th Amendment Act allows the cooperative societies to raise funds by issuing __.
a) Shares
b) Bonds
c) Debentures
d) All of the above

View Answer >


WhatsApp Channel Join Now
Telegram Group Join Now

Leave a Comment

telegram Join Telegram
Join Now Join Now
s