The Co-operative Societies Act, 1925 MCQs – Section#11 to 20

1. : Section 11 of the Co-operative Societies Act, 1925 provides for:
(A) Amendment of by-laws of a registered society
(B) Privileges of societies
(C) Registration procedure
(D) Dissolution of societies

2. : Under Section 12, an amendment of the by-laws of a society does not take effect until:
(A) It is registered by the Registrar
(B) Approved by the general body
(C) Notified by the Provincial Government
(D) Published in newspapers

3. : Section 13 empowers the Registrar to:
(A) Decide disputes regarding membership qualification
(B) Direct amendments of by-laws for conformity with the Act
(C) Conduct elections of societies
(D) Approve all loans

4. : Section 14 provides that the liability of a past member continues for:
(A) Two years from the date of ceasing membership
(B) One year only
(C) Five years maximum
(D) Ends immediately

5. : According to Section 15, the liability of the estate of a deceased member continues for:
(A) Two years from the date of death
(B) One year only
(C) Five years maximum
(D) Ceases immediately upon death

6. : Section 16 relates to:
(A) Restrictions on transfer of shares or interest of members
(B) Privileges of societies
(C) Offences and penalties
(D) Duties of Registrar

7. : Section 17 states that the transfer of a member’s interest is subject to:
(A) Approval of the society and provisions in the by-laws
(B) Approval of Federal Government
(C) Automatic acceptance by Registrar
(D) Consent of all other members

8. : Section 18 specifies that a member of a society may exercise his rights:
(A) Only after making such payments and fulfilling conditions as laid down by the Act and by-laws
(B) Immediately upon registration
(C) Without any payment or conditions
(D) Only after three years of membership

9. : Section 19 provides that minors:
(A) Can be admitted to membership through legal guardians with limited rights
(B) Cannot be admitted under any circumstances
(C) Can vote but not hold shares
(D) Have equal rights as adults

10. : Section 20 deals with:
(A) Votes of members and the principle of “one member, one vote” unless otherwise provided for by-laws
(B) Disputes settlement by Registrar
(C) Privileges of registered societies
(D) Inspection of books