An…………………………… Society does not want any supervision from the Union or Central Banks.

Related MCQs

• In ……………………….. Central Banks, the arrears under principal should not exceed 20% of demand and arrears under interest should not exceed 5% of the demand.
• In ………………………. Central Banks, the arrears under principal may exceed 20% but should not exceed 40% of the demand. There may be interest overdues but it should not exceed 10% of the demand.
• 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.
• In ………………………………..Central Banks, the overdues under principal exceed 60% of the demand and under interest exceed 15% of the demand.
• 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.
• Every society shall maintain ……………….. , containing all vouchers for contingent expenditure incurred by the society, numbered serially and filed chronologically
• 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 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.
• The ……………….will fix the authorized maximum amount of debts that the cooperative society may contract with any credit supply organization.
• In the ……………..the board evaluates the cooperative society’s financial position to determine whether or not the budgeted objectives are being met and what actions should be taken to improve the situation.