As per ……………… a new penal provision namely ‘Surcharge’ is imposed in the Act to deal wit the incidence of corruption, malpractices, misuse of powers etc. in a co-operative society.

Related MCQs

• Maximum amount of fine imposed shall be ………… as per Madras Co-operative Societies Act.
• 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.
• . A liquidator is appointed to liquidate the society or to wind up the affairs of the society as per ……….
• As per The Co-operative Credit Societies Act 1904, no member can hold shares exceeding ……………… in a society.
• As per Madras Co-operative Societies Act, at least ……… members are required to register a society.
• As per the Act, the minimum number of persons required for registering a co-operative society is fixed at ….
• ……… was the first state passed the new Act on the basis of the Model Act.
• 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.
• …………… means the governing body of a co-operative society by whatever name called, to which the management of the affairs of the society is entrusted
• Any two or more multi-state co-operative societies may amalgamate themselves and form a new multi-state co-operative society under …………