Question

The housing societies in India has a --- tier structure.

• A. 1
• B. 2
• C. 3
• D. 4

Answer 1

Answer:

C. 3

Co-operative Housing Societies:

• As Per Rule 15(1) (1A) of KCS act 1969 mentioned Co-operative Housing Societies
• The housing societies in India has 3 tier structure.
• Birth place of Housing Society - England
• There is no Co-operative Housing Societies in Travancore - Cochin State at the formation of Kerala State.
• First Co-operative Housing Society in Kerala - Kannur
• The first Co-operative Housing Society in India - Saraswath Co-operative Housing Society in Bombay, 1905
• Co-operative Housing societies come under the classification of Non Agricultural Credit societies