97th Amendment and Co-operative Societies

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31. The 97th Amendment Act empowers the cooperative societies to __.
a) Acquire property
b) Dispose of property
c) Enter into contracts
d) All of the above

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32. According to the 97th Amendment Act, the profits earned by a cooperative society shall be utilized for the promotion of __.
a) Agricultural activities
b) Industrial activities
c) Welfare activities of members
d) All of the above

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33. The 97th Amendment Act requires the State Governments to constitute a __ for each cooperative society to oversee its functioning.
a) Cooperative Audit Committee
b) Cooperative Management Committee
c) Cooperative Monitoring Committee
d) Cooperative Review Committee

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34. The 97th Amendment Act provides for the establishment of a __ to settle disputes arising out of the election of members to the board of a cooperative society.
a) Cooperative Dispute Settlement Authority
b) Cooperative Election Commission
c) Cooperative Election Tribunal
d) Cooperative Appellate Tribunal

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35. According to the 97th Amendment Act, the members of a cooperative society shall have the right to __.
a) Receive dividends
b) Vote in the general meetings
c) Appoint auditors
d) All of the above

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