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Reserve Fund is created out of:

AAdmission fees

BNet profit

CShare capital

DSavings bank deposit

Answer:

B. Net profit


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PSPF is mentioned in which section of KCS Act ?
Subsidiary State Partnership is mentioned in which chapter of KCS Act ?
The other forms of state Aids to Cooperatives are discussed in which section of KCS Act
The rule of KCS Act that deals with Reserve Fund ?

Which one of the following combinations does constitute a form of state aid to societies ?

  1. Guarantee repayment of principal and payment of interest on debentures issued by a Society.
  2. Guarantee the repayment of share capital of society and dividends there on at such rates as specified by Government.
  3. Guarantee the repayment of principal and payment of interest on loans and advances to a Society.
  4. Guarantee the repayment of deposits received by the society and payment of interest on such deposits.