GK
CO OPERATION CO OPERATIVE SOCIETIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Managing committee
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General Body
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Secretary
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President
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Detailed explanation-1: -To pay the maintenance charges and other dues regularly. To obey provision in bye-laws. Not to do any act contrary to the interest of the society. To respect the members of society as members of a family and co-operate in the working of the society and to the managing committee.
Detailed explanation-2: -Associate Member. An associate member is someone who jointly owns the shares/property in the society and whose name appears subsequently after the original member’s name in the share certificate.
Detailed explanation-3: -Ensure proper investment of funds by Cooperative Societies as per Act and Rules; Conduct audit, order inspection, enquiry and also fixing surcharge on negligent functionaries of cooperative societies; Settle disputes of Cooperative Societies through the process of arbitration.