The Co-operative Societies Act, 1925 MCQs – Chapter II – Registration

1. : Under the Co-operative Societies Act, 1925, a co-operative society can be registered by:
(A) The Federal Government
(B) The Registrar of Co-operative Societies
(C) The High Court
(D) The District Magistrate

2. : The minimum number of persons required to form a co-operative society under the Act is:
(A) 5 persons
(B) 7 persons
(C) 10 persons
(D) 20 persons

3. : For registration, the society must file:
(A) A constitution drafted by Parliament
(B) An application along with by-laws of the society
(C) A tax certificate only
(D) An affidavit signed by a magistrate

4. : The Registrar may refuse registration of a society if:
(A) Its objectives conflict with the spirit of co-operation or the law
(B) It has less than 500 members
(C) It is located in rural areas only
(D) It seeks bank loans

5. : Upon registration, the society becomes:
(A) A trade union
(B) A body corporate with perpetual succession and a common seal
(C) A government department
(D) A private company

6. : The liability of members in a co-operative society may be:
(A) Limited or unlimited, depending on by-laws and registration type
(B) Always unlimited
(C) Always limited to land ownership
(D) Decided only by the government

7. : Which document serves as proof of registration of a co-operative society?
(A) Certificate of Incorporation
(B) Registration Certificate issued by the Registrar
(C) Gazette Notification
(D) Judicial Order

8. : A society registered under this Act can:
(A) Sue or be sued in its own name
(B) Operate like a private bank without license
(C) Issue company shares freely in stock market
(D) Levy taxes on the public

9. : The by-laws of a society submitted for registration must be:
(A) Consistent with the Act and approved by the Registrar
(B) Secret and not disclosed to the Registrar
(C) Framed by Parliament only
(D) Based on private company law

10. : Chapter II – Registration of the Co-operative Societies Act, 1925 mainly deals with:
(A) Membership rights and duties
(B) The process and legal effect of registering a society
(C) Audit and inspection procedures
(D) Dissolution of societies