Challenger App

No.1 PSC Learning App

1M+ Downloads
Indirect partnership is discussed in which chapter and section of KCS Act

AChapter - 5, Section - 40

BChapter - 6, Section - 43

CChapter - 7, Section - 48

DChapter - 9, Section - 55

Answer:

B. Chapter - 6, Section - 43

Read Explanation:

STATE AID TO COOPERATIVES

Chapter : 6[Sec 42 to 54] 

  • Sec 42 - Direct partnership of Govt 

  • Sec 43 - Indirect partnership

  • Sec 44 - Principal state Partnership (PSPF) 

  • Sec 45 - Subsidiary State Partnership (SSPF) 


Related Questions:

The rule of KCS Act that deals with Reserve Fund ?

The following statements are related to nature of state aid to cooperative societies. You are required to identify the incorrect statements (s) related to the source of fund available to cooperatives given below.

  1. The Government may subscribe to share capital of society with limited liability only.
  2. The Government is not entitled to dividend on shares of any such society.
  3. The Government may provide financial assistance to a society for the purchase of shares in other societies with limited liability.
  4. Principal State Partnership Fund is provided by Apex Societies to Central Societies.
    ____________ is a fund constituted by the govt. by collecting levy of additional excise duty on mill made cloths :
    Which among the following does not belong to Statutory Reserve funds ?
    The section of KCS Act which mentions that, no part of funds other than net profit, shall be distributed among members.