A …………………….society is a union of weak and needy individuals who have equal rights and has one vote irrespective of the number of shares held by him.

Related MCQs

• ……………is a Register, showing the name and address of each member, the date of admission, the shares taken by him and the amount of share capital, if any refunded to him together with the date of each such payment and refund.
• Every society shall maintain ……………….. showing the indebtedness of each member to the society whether on account of loan taken directly by him or on account of loan which he stands as surety.
• Every society shall maintain …………………for recording the applications for membership,the number of shares applied for and in case of refusal, the date of communication of the decision refusing admission to the applicant.
• An…………………………… Society does not want any supervision from the Union or Central Banks.
• Every society shall maintain ……………….. , containing all vouchers for contingent expenditure incurred by the society, numbered serially and filed chronologically
• Every balance sheet of a co-operative society shall give …………………… view of the state of affairs of the society as at the end of the Co-operative year.
• In the case of a society with unlimited liability, property statement of members showing the assets and liabilities of each individual member on the date of his admission with full details of the property including the survey number of the lands, is kept in ………………………..
• ……………..is concerned with assigning the activities to specific positions and people; and providing means for coordinating the efforts of individuals and groups.
• Registered debentures, stocks and shares, Government Securities, Inscribed stocks and Bearer bonds and share warrants are………
• Anational level cooperative union The ………….was organized in 1949 by amalgamating the All India Cooperative Institutes Association of 1928 and Indian Provincial Banks Association of 1949.