GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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State
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Socialism
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Capitalism
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Cooperation
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Detailed explanation-1: -On 8th May 1905, a 12-member society called ‘Agriculture Credit Cooperative Society’ that came into existence under the leadership of Shri Siddannagouda S. Patil at Kanaginahala village in the present district of Gadag in Karnataka, the 1st cooperative society in the country.
Detailed explanation-2: -The first Cooperative Law of India The Cooperative Credit Societies Act, 1904 was passed on 25th March 1904. Agricultural Credit Cooperative Society, of Kanaginahal village of Gadag District in Karnataka was the first cooperative Society formed under First Cooperative law of India.
Detailed explanation-3: -The Ministry is headed by Shri Amit Shah, Hon’ble Minister for Cooperation and is assisted by Shri B. L. Verma, Hon’ble Minister of State for Cooperation.