The Co-operative Societies Act, 1925 MCQs – Section#1 to 10

1. : Section 1 of the Co-operative Societies Act, 1925 deals with:
(A) Short title, extent, and commencement of the Act
(B) Registration of societies
(C) Rights of members
(D) Duties of Registrar

2. : The Co-operative Societies Act, 1925 extends to:
(A) The whole of Pakistan
(B) Only Punjab Province
(C) Sindh and Punjab
(D) Federally Administered Tribal Areas only

3. : Section 2 of the Act provides:
(A) Definitions of key terms such as “co-operative society,” “Registrar,” etc.
(B) Duties of society’s committee
(C) Procedure for liquidation
(D) Privileges of societies

4. : Under Section 2, “Registrar” means:
(A) A person appointed by the Provincial Government to perform duties under the Act
(B) Any member of a society
(C) Federal Minister of Finance
(D) Auditor General of Pakistan

5. : Section 3 of the Act empowers the Provincial Government to:
(A) Appoint a Registrar of Co-operative Societies and other officers
(B) Dissolve all societies directly
(C) Approve annual budgets of societies
(D) Elect members of committees

6. : Section 4 deals with the societies which may be:
(A) Registered under the Act if they follow co-operative principles
(B) Declared as companies automatically
(C) Registered under the Companies Act, 1913 only
(D) Run only by government servants

7. : Section 5 requires that every society must have at least:
(A) Ten members above the age of 18 years to be registered
(B) Two members regardless of age
(C) Fifty members minimum
(D) A government officer as head

8. : Section 6 provides that the word “limited” must be added at the end of:
(A) The name of every society with limited liability
(B) The name of all societies regardless of liability
(C) The name of government-owned societies only
(D) The name of private companies

9. : Section 7 empowers the Registrar to:
(A) Decide whether a society may be registered or refuse registration
(B) Appoint society’s President
(C) Approve loans for members
(D) Fix share prices

10. : Section 10 of the Act deals with:
(A) Power of Registrar to direct amendment of by-laws for compliance with the Act
(B) Dissolution of societies
(C) Appeals and revisions
(D) Audit and inspection