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.

Related MCQs

• 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.
• An amount not exceeding ……… shall be paid to the co-operative education fund.
• The general body of a society shall constitute a committee for period not exceeding ……….. years
• . …………….. means a co-operative society having as its members only other co-operative societies and the main object of which is to raise money and lend the sum to its members.
• 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.
• The application shall be signed in the case of a multi-state co-operative society of which all the members are individuals, by at least ………… persons from each of the state concerned
• . ……………… means a society having jurisdiction over one or more Revenue Districts but not the whole of the State as its area of operation and having as its members only other societies and declared as such by the Registrar or the government.
• As per The Co-operative Credit Societies Act 1904, no member can hold shares exceeding ……………… in a society.
• ……………. means a society having the whole of the state as its area of operation and having as its members only other societies with similar objects and declared as such by the Registrar.
• . ………………… means a society having more than one district as its area of operation and having individuals and other co-operative societies.