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WorksheetsCo-operative society
Total questions: 10
Worksheet time: 2mins
What is the limit of members in a case of a private company
2
7
10
50
Co-operative movements first started in
England
France
Spain
Germany
The members of co-operative society have
Unlimited liability
Limited liability
joint and several liability
Joint liability
The life of sole proprietor business is
Unstable
Stable
Very short life
Long life
Which of the following is the characteristic if co-operative society
Profit are not subject to income tax
one vote per share
Dividends are paid on a per share basis
All the above
Co-operative in India follow which type of organisation structure
Centralised structure
Decentralised structure
unitry structure
Federal structure
In India co-operative society act was passed in
1919
1949
1904
1912
The principal followed in co-operative society is
No vote
One man one vote
Multiple vote
One share one vote
The maximum number of partners allowed in the banking business are
20
No limit
10
2
Hindu succession act was passed in
1960
1956
1952
1932
