1. The Cooperative Societies Act (1925) was enacted to:
(A) Promote cooperative banks
(B) Regulate and register cooperative societies in India
(C) Establish agricultural cooperatives only
(D) Establish government-controlled societies
2. Which of the following does the Cooperative Societies Act (1925) define?
(A) The structure of cooperative banks
(B) The rules for the functioning of cooperative societies
(C) Taxation policies for cooperatives
(D) The role of state banks in cooperatives
3. Under the Cooperative Societies Act (1925), a cooperative society must consist of at least:
(A) 5 members
(B) 7 members
(C) 10 members
(D) 15 members
4. Which of the following was a key feature of the Cooperative Societies Act (1925)?
(A) Establishment of government cooperatives
(B) Provision for cooperative credit societies
(C) Privatization of cooperative societies
(D) Formation of cooperative societies for industry only
5. The Cooperative Societies Act (1925) was aimed at:
(A) Allowing only agricultural cooperatives
(B) Providing a legal framework for the registration and functioning of all types of cooperative societies
(C) Regulating only worker cooperatives
(D) Promoting international cooperation among cooperatives
6. Which of the following organizations were required to register under the Cooperative Societies Act (1925)?
(A) Public sector companies
(B) Private corporations
(C) Cooperative societies and credit societies
(D) Educational institutions
7. Which government body was empowered by the Cooperative Societies Act (1925) to supervise and regulate cooperatives?
(A) Registrar of Cooperative Societies
(B) State Bank of India
(C) Ministry of Finance
(D) Reserve Bank of India
8. The Cooperative Societies Act (1925) provided for:
(A) Central control over all cooperatives
(B) The establishment of a cooperative development fund
(C) A central bank for cooperatives
(D) Democratic control within cooperatives
9. The Cooperative Societies Act (1925) applied primarily to:
(A) Rural cooperatives
(B) Urban cooperative banks
(C) All cooperative societies, including rural and urban
(D) Worker cooperatives only
10. Which of the following was introduced for the first time by the Cooperative Societies Act (1925)?
(A) Limited liability for cooperative societies
(B) The formation of a cooperative insurance agency
(C) Special provisions for cooperative trade unions
(D) Tax exemption for cooperatives