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A co-operative society should transfer an amount not less than ______ of net profit to the reserve fund.

A5%

B10%

C15%

D20%

Answer:

C. 15%


Related Questions:

____________ is a fund constituted by the govt. by collecting levy of additional excise duty on mill made cloths :
For which of the following purpose the Co-operative Development and Welfare fund shall be utilised ?

Which of the following conditions (s) is/are to be met in respect of purchase of shares by society using Principal State Partnership Fund or subsidiary State Partnership Fund ? No. Conditions

  1. Prior Government Approval in writing
  2. Liability should be limited to the extent of amount paid of such shares
  3. Government Approval is to be sought within time given
  4. Liability of society whose shares are bought may be limited or unlimited but with Government Approval
    The fullform of SSPF in relation to state aid to co-operatives is
    ________ is the custodian of Principal State Partnership Fund.