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The Audit fee according to the 1904 Act was

A5% of Net profit

B10% of net profit

C50 paise of every 100 Rupees

DNo Audit fee charged

Answer:

D. No Audit fee charged

Read Explanation:

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Related Questions:

Consider the following statements and choose the correct statements.

  1. Only Credit Society can be formed under the 1904 act.
  2. The 1904 Act provided the legal protection to the Society Other than credit Society.
  3. Post the 1904 Act, societies or associations were registered under the Co-operative Societies Act of 1900.
  4. Apex, Central, federal, non - credit Societies or Co-operative unions cannot start under the 1904 Act·
    The Liability of a past member and deceased member shall be
    The Chairman of the committee appointed by Travancore state to study and report on the restructuring of existing Co-operative Law
    The Travancore Co-operative Societies Act was passed in the year
    The present name of Koduvayoor Agricultural Credit Society