…………….fund is for the purpose of construction of building for the business of the Society.

Related MCQs

• Rule number 61 of the Maharashtra Co-operative Society Rule 1961- the society has to prepare final statement within……….days.
• AS-7 deals with accounting for construction contracts in financial statements of
• As per AS architects services are not included in construction contract.
• Every banking company incorporated in India must transfer to the Reserve fund a sum equivalent to not less than 25% of profit of each year before declaration of dividend.
• The………………Fund cannot be utilized for payment of dividend as bonus.
• The word………..Is working together for common purpose.
• A society which as proclaimed as its objective the………….of economic interest of its member
• Maharashtra co-operative Society Act……..
• The Maharashtra co-operative Society Rules Act ……….
• All sums of…………….received and expended by the Society and the matters in respect of which receipts and expenditure take place.