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Consider the following statements on voting rights as per Cooperative Societies Act, 1912. Which of the below statements are correct?

  1. In limited liability societies, voting right is decided by the bylaw of the society
  2. In societies with unlimited liability, voting right is limited to one vote per member.
  3. The proxy appointed by a registered society, for voting in the affairs of another society, should be its member.

    AAll are correct

    Biii only correct

    CNone of these

    Di only correct

    Answer:

    A. All are correct

    Read Explanation:


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    Which of the following statements are True?

    1. A second round of bank nationalisation happened in the year 1980.
    2. Rajiv Gandhi was the Prime Minister of India during the second round of bank nationalisation.
    3. A total of 6 banks were nationalised in the year 1980.
    4. R Venkataraman was the Finance Minister during the bank nationalisation of 1980.