INDIAN HISTORY

HISTORY

THE FIRST ONE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When was the Cooperative Societies Act first passed in India?
A
1900
B
1904
C
1906
D
1902
Explanation: 

Detailed explanation-1: -(Received the assent of the Governor General on the 25th March, 1904.) An Act to provide for the constitution and control of Co-operative Credit Societies.

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Detailed explanation-3: -The 1904 Cooperative Societies Act, was repealed by 1912 Cooperative Societies Act which provided for formation of Cooperative societies other than credit. Under 1919 Administrative Reforms, Cooperatives was made a provincial subject making each province responsible for Cooperative development.

There is 1 question to complete.