Challenger App

No.1 PSC Learning App

1M+ Downloads
If a Society in which shares are purchased from the money's in the Subsidiary State Partnership Fund is dissolved or wound up, the authority(ies) having claim against central society, which purchased shares, in respect of any loss arising from such purchases is/are

AGovernment

BApex Societies

CBoth (A) and (B)

DNeither Government nor Apex Societies

Answer:

D. Neither Government nor Apex Societies

Read Explanation:


Related Questions:

The maxmimum permissible borrowing power of a Co-operative society is :
Subsidiary State Partnership is mentioned in which chapter of KCS Act ?
Reserve Fund invested by the society is shown on the :
A primary Co-operative Consumer Store has to remit amount as election fees ?
Crop loan was proposed by :