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The Co-operative Societies Act, 1925 MCQs – Chapter V – Privileges of Societies

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1. : One of the main privileges of a registered co-operative society under the Act is:





2. : A registered co-operative society has the privilege to:





3. : Under the Act, societies enjoy exemption from:





4. : One financial privilege of co-operative societies is:





5. : The Act allows societies to enjoy priority in:





6. : A co-operative society is privileged to sue or be sued in:





7. : Co-operative societies enjoy the privilege of exemption from:





8. : The privileges granted to societies under Chapter V are intended to:





9. : The privilege of limited liability under the Act means:





10. : Chapter V – Privileges of Societies mainly deals with:





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