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The section and clause deals with the allocation of profit to Education Fund is

AS. 56 clause (1) Subclause (b)

BS.56 Clause (2) Subclause (c)

CS. 57 clause (b)

DS. 57 Clause (c)

Answer:

A. S. 56 clause (1) Subclause (b)

Read Explanation:

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Related Questions:

Final audit is suitable for:
The Cooperative Credit Societies Act was passed in …

Identify the accurate statements regarding the KCS Act, 1969.

  1. Encompasses legal provisions for Co-operative societies in Kerala.

  2. Provides the legal framework for Co-operative societies in Travancore.

  3. Defines the specific characteristics and regulations of Co-operative societies in Kerala.

  4. Based on the Act the first primary society called the Edavanakkal Service Co-operative Society.

Pillars of corporate governance facilitates

  1. All members are responsible and accountable for their decisions and actions.
  2. Participation of members is needed.
  3. Cooperatives must be audited regularly.
  4. No secret deals should be there in cooperatives.

    Consider the following and choose the correct Statements.

    1. In RCMPU, the members of the Committe representing each revenue district shall be elected from that district
    2. The president of an APCOS, which is a member of the Regional Milk producers Union Shall be eligible to contest the elections to the committee of the RCMPU
    3. President of an APCOS who is a member of a Regional Co-operative Milk Producers Union, shall be eligible to hold office as a member of a RCMPU for not more than three terms or fifteen years which ever is higher.
    4. Only the president of APCOS shall attend the General body meeting of ROMPU