Co-operative Theory And Principles MCQ

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Co-operative Theory And Principles MCQ

Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

61. The shortcomings in the Act of 1904 was removed by another legislation
known as………….

62. The ……………committee,1945 observed that the Act of 1912 needed
revision in certain respects and recommended that the provinces in which the cooperative societies act of 1912 was in force should pass special acts keeping in view their past experience and the future needs of the movement.

63. ………………..committee recommended that a specific provision be made
in the existing Act of 1912 enabling rural societies to change their liability from unlimited to limited.

64. The report submitted by the ………………….. consisted of two volumes:
the first contained Model Cooperative Societies Bill and Rules and the second volume contained model bye-laws for various types of societies.

65. A novel form of cooperative organization known as Producer Company
was introduced by amending the …………………..

66. A producer company, having a turnover of ………………or more shall
have a whole time Secretary who shall be a member of the Institute of Company Secretaries of India.

67. The Multi-State Cooperative Societies Act 2002 of India has incorporated
………………………in its second schedule.

68. The Multi-State Cooperative Societies Act 2002 of India has incorporated
Cooperative values and principles in its………….. schedule.

69. The ………………………………of India has incorporated Cooperative
values and principles in its second schedule.

70. The Constitution Amendment Bill, ………….. was introduced with the
objective of freeing the cooperatives from “unnecessary outside interference and also to ensure their autonomous oragisational set up and democratic functioning”.