An amount not less than ………… of net profit is to be transferred to the reserve fund.

Related MCQs

• ……… of the surplus of co-operative credit societies should be allotted to reserve fund.
• An amount not exceeding ……… shall be paid to the co-operative education fund.
• The disposal of net profit of a co-operative society shall be made as per …..
• 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.
• The quorum for the general body meeting is usually ………. of the total number of members or a fixed number, whichever is less.
• .Board of directors of multi-state co-operative society consisting of not more than ……… members.
• The maximum number of members of the committee shall not exceed ………. in the case of societies other than primary societies.
• The government have the right to nominate not more than …………… persons on the committee of an apex or central society
• Maximum amount of fine imposed shall be ………… as per Madras Co-operative Societies Act.
• As per The Co-operative Credit Societies Act 1904, no member can have more than …… of the total share capital.