Question # 1

The basic aim of a co-operative society is

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To store goods

To earn profit

The welfare of members of society

All the above

The liability of members in co-operative society is generally:

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Limited

Unlimited

Both (a) and (b)

None

The minimum number of members in a co-operative society

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Two

Five

Ten

Twenty

The management committee of society is elected by

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Shareholders

Government

The will of one person

All are correct

Who cannot be a member of co-operative society

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Govt. Servant

Illiterate person

Minor person

None of these

Co-operative society started in:

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1840

1844

1845

1850

Who provides the capital for co-operative society

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Government

Members

Banks

None of these

The price of the share of society is:

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Equal to the face price

Above the face price

Less than the face price

All the above

Who cannot be a member of co-operative socity:

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Govt. Servant

Illietrate person

Minor person

None of these

What are the capital sources of co-operative society

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Fee of members

By selling shares to members

Both a and b

National and international institutions

If a co-operative society is working in more than one province, then it is registered under act of

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1925

1932

1913

1942

What is excluded from a co-operative society

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Consumer

Retailer

Wholesaler

Capitalist

Co-operative society started in

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1840

1844

1845

1850

What is excluded from a co-operative society:

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Consumer

Retailer

Wholesaler

Capitalist

Maximum number of members in a co-operative society

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Ten

Twenty

Fifty

None of these

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