No member shall hold more than … of the total share capital of the society.

Related MCQs

• As per The Co-operative Credit Societies Act 1904, no member can have more than …… of the total share capital.
• In the case of federal society, number of individuals in the society and the committee there of shall not exceed …………… of the total number of members in the society.
• Maximum number of shares for which a member was entitled was ……… of the total paid up share capital as per Madras Co-operative Societies Act.
• As per The Co-operative Credit Societies Act 1904, no member can hold shares exceeding ……………… in a society.
• . …………….. means a member who posses only such privileges and rights of a member who is subjected only to such liabilities of a member as may be specified in the Bye-laws.
• The amendment to the bye-laws of a multi-state co-operative society shall be made by a resolution passed by a ………. majority of the members present and voting at general meeting of the society.
• In the case of central society including a District Co-operative Bank an amount not exceeding ……….. of the paid up capital shall be used for dividend to its members.
• .Board of directors of multi-state co-operative society consisting of not more than ……… members.
• . ………………… means a society having more than one district as its area of operation and having individuals and other co-operative societies.
• The government have the right to nominate not more than …………… persons on the committee of an apex or central society