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The Co-operative Societies Act, 1925 MCQs – Section#21 to 30

1. : Section 21 of the Co-operative Societies Act, 1925 relates to:

(A) Appeals and revisions


(B) Audit of accounts


(C) Liquidation of societies


(D) General meetings of societies




2. : According to Section 22, every society must hold:

(A) A meeting once every five years


(B) No compulsory meetings


(C) An annual general meeting within the prescribed period


(D) A meeting every month




3. : Section 23 provides that the Registrar may:

(A) Call a special general meeting of a society when necessary


(B) Dissolve a society directly


(C) Approve loan distribution


(D) Appoint managing committee members




4. : Section 24 deals with:

(A) Offences under the Act


(B) Voting rights of minors


(C) Duties of the managing committee of a society


(D) Privileges of societies




5. : Section 25 specifies that the managing committee is responsible for:

(A) Issuing government notifications


(B) Auditing its own accounts


(C) Approving legislation


(D) Carrying on the business of the society and managing its affairs




6. : Section 26 provides for:

(A) Appointment of auditors by members


(B) Settlement of election disputes


(C) Restrictions on borrowing by societies without Registrar’s approval in certain cases


(D) Transfer of member shares




7. : Section 27 deals with:

(A) Audit of accounts of societies


(B) Dissolution of societies


(C) Rights of minors


(D) Appeals and revisions




8. : Under Section 28, audit of every society must be carried out:

(A) By local political representatives


(B) By any private auditor chosen by members


(C) By the Registrar or a person authorized by him


(D) By the Federal Board of Revenue




9. : Section 29 empowers the Registrar to:

(A) Elect committee members


(B) Dissolve societies without notice


(C) Fix share values


(D) Inspect the books of any registered society




10. : Section 30 provides that the Registrar or authorized person may:

(A) Approve transfer of property


(B) Enforce liquidation directly


(C) Hold an inquiry into the constitution, working, and financial condition of a society


(D) Appoint members of the managing committee




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