Quiz  /  Demonetisation in India Cooperative Society Class 11 MCQ Questions...

  • 1. 
    Cooperative society is required to get registered under the Cooperative Societies Act:

  • 1912
  • 1952
  • 1982
  • 1992

  • 2. 
    Voluntary membership of cooperative society means a person:

  • (a) Free to join
  • (b) Can leave any time
  • (c) Both (a) and (b)
  • (d) Only option (a) is correct

  • 3. 
    Voting rights of the members of cooperative society is:

  • As per the amount of shares hold by them
  • No voting rights of its members
  • One man - One Vote
  • All of above

  • 4. 
    The motive to form 'Cooperative Society' is:

  • (a) Common purpose
  • (b) Welfare of its members
  • (c) Both (a) and (b)
  • Earning of profits

  • 5. 
    Cooperative society has separate legal entity. Which of the following is not correct for the given statement?

  • Society can enter into contracts in its own name
  • Can not hold property in its name
  • Can sue and be sued by others
  • Continue life of society

  • 6. 
    To form cooperative society, at least _______ adult persons' consent is required.

  • 2
  • 5
  • 7
  • 10

  • 7. 
    Liability of the members of cooperative society is:

  • Un-limited
  • Limited
  • At least one member should have un-limited
  • None of these
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