Co-operative Societies creates Statutory reserve fund from:
ANet profit
BGross Profit
CShare Capital
DDeposits
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Related Questions:
Sinking fund is created for :
The section of KCS Act which deals with liabilities to be limited, in the purchase of shares
The section of KCS Act, that specifies about the restrictions of Co-operative Society on borrowing.
The section of KCS Act that deals with Reserve Fund ?
The section of KCS Act which mentions that, no part of funds other than net profit, shall be distributed among members.