1. : Section 31 of the Co-operative Societies Act, 1925 deals with:
(A) Appeals and revisions
(B) Inspection of books by Registrar
(C) Surcharge and recovery of loss from officers or members guilty of mismanagement
(D) Duties of managing committee
2. : Under Section 32, the Registrar has power to:
(A) Remove committee members directly
(B) Dissolve societies without inquiry
(C) Cancel the registration of a society in certain circumstances
(D) Frame by-laws for societies
3. : Section 33 provides that on cancellation of registration, the society shall:
(A) Immediately enter into liquidation
(B) Merge with another society
(C) Transfer assets to government
(D) Continue business without change
4. : Section 34 deals with:
(A) Settlement of disputes by Registrar
(B) Appointment of a liquidator for a society under liquidation
(C) Privileges of societies
(D) Transfer of shares
5. : According to Section 35, a liquidator has power to:
(A) Settle disputes among members, realize assets, and distribute funds
(B) Frame laws for co-operative societies
(C) Elect new committee members
(D) Conduct annual audits
6. : Section 36 requires that the liquidator must:
(A) Submit reports to the Registrar as directed
(B) Obtain approval from High Court for each action
(C) Transfer funds to Provincial Government directly
(D) Consult all creditors before every step
7. : Section 37 empowers the Registrar to:
(A) Remove liquidators at any time and appoint new ones
(B) Decide membership rights
(C) Fix share prices
(D) Audit bank accounts of societies
8. : Section 38 relates to:
(A) Termination of liquidation proceedings when affairs of society are fully wound up
(B) Privileges of registered societies
(C) Borrowing restrictions
(D) Annual general meetings
9. : Section 39 provides that disputes touching the business of a society shall be:
(A) Referred to the Registrar for decision or arbitration
(B) Settled only in civil courts
(C) Decided by Provincial Government
(D) Resolved in general body meetings
10. : Section 40 deals with:
(A) Appeals to the prescribed authority against the orders of the Registrar or liquidator
(B) Rights of minors in societies
(C) Restriction on transfer of shares
(D) Surcharge on mismanaged societies