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Polity > Cooperative Societies > Flashcards

Cooperative Societies Flashcards

1
Q

Which Constitutional amendment for Cooperative Socieites?

A

97th

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2
Q

What provisions added through 97th amendment?

A

19(right), 43B(DPSP) , Part 9

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3
Q

Who makes all laws related to cooperative societies?

A

State Legislature

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4
Q

Number of members(directors) of board in cooperative society?

A

Decided by SL but max 21

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5
Q

Reservation in cooperative societies?

A

1 SC/ST + 2 Women

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6
Q

Term of office of cooperative society

A

5 years

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7
Q

Who are not counted among the 21 directors in cooperative?

A

Coopted members + Functional directors

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8
Q

Max number of coopted members in cooperative?

A

2

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9
Q

Qualification of coopted members in cooperative?

A

BFMS( Banking, Management, Finance, or related specs)

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10
Q

Difference between coopted and regular members of cooperative society?

A

Can’t vote, can’t be elected to office bearers

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11
Q

Deadline for elections to cooperative board?

A

Before expiry of term

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12
Q

Who coordinates election in cooperative society?

A

State Legislature ka decided body

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13
Q

Max period for board suspension of cooperative society?

A

6 months

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14
Q

Condition for suspension of cooperative society board?

A

Default/Negligence/Prejudicial Act + Stalemate + elections faulty

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15
Q

When the government can’t suspend a cooperative?

A

No Gov shareholding/financial assisstance

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16
Q

Deadline for election after suspension of cooperative board?

A

6 months

17
Q

Minimum Frequency of audits of cooperative society

A

at least once a year

18
Q

Who decides frequency of audits of cooperative society?

A

State Leg

19
Q

Qualification of auditors of cooperative society?

A

State leg decides

20
Q

Who decides actual auditors of cooperative body?

A

Cooperative society ka general body

21
Q

Who decides which auditors can be chosen?

A

State government

22
Q

What is done with the audits of apex cooperative societies?

A

Placed before State Legislature

23
Q

Deadline for annual general body meeting?

A

6 months after end of financial year

24
Q

Deadline for returns of cooperative society

A

6 months after end of financial year

25
Q

Relation between Multi state cooperative and regular cooperative?

A

Parl: SL, Central:State gov etc

26
Q

What if I smell a scam in a cooperative society?

A

Sl can provide right to get information to every member.

Polity (2 decks)

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