41. According to the 97th Amendment Act, the cooperative societies shall be required to maintain __.
a) Balance sheets
b) Profit and loss accounts
c) Cash flow statements
d) All of the above
42. The 97th Amendment Act provides for the establishment of a __ to facilitate the voluntary amalgamation and reorganization of cooperative societies.
a) Cooperative Merger Committee
b) Cooperative Restructuring Authority
c) Cooperative Amalgamation Board
d) Cooperative Consolidation Commission
43. According to the 97th Amendment Act, the surplus income of a cooperative society shall be utilized for __.
a) Distribution among members
b) Reserve funds
c) Community development projects
d) All of the above
44. The 97th Amendment Act prohibits the government from converting a cooperative society into a __.
a) Joint-stock company
b) Partnership firm
c) Public sector undertaking
d) Non-governmental organization
45. According to the 97th Amendment Act, the cooperative societies shall be required to prepare and submit their annual report to the __.
a) Central Government
b) State Government
c) Registrar of Cooperative Societies
d) Cooperative Audit Committee
