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What is the fullform of PSPF in relation to state aid to co-operatives?

APrincipal state Partnership Fund

BPrivate Sector Participation Fund

CPublic Service Pension Fund

DProfessional Service Pool Fund

Answer:

A. Principal state Partnership Fund

Read Explanation:

STATE AID TO COOPERATIVES

Chapter : 6[Sec 42 to 54] 

  • Sec 42 - Direct partnership of Govt 

  • Sec 43 - Indirect partnership

  • Sec 44 - Principal state Partnership (PSPF) 

  • Sec 45 - Subsidiary State Partnership (SSPF) 


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Indirect partnership is discussed in which chapter and section of KCS Act
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The following statements are related to nature of state aid to cooperative societies. You are required to identify the incorrect statements (s) related to the source of fund available to cooperatives given below.

  1. The Government may subscribe to share capital of society with limited liability only.
  2. The Government is not entitled to dividend on shares of any such society.
  3. The Government may provide financial assistance to a society for the purchase of shares in other societies with limited liability.
  4. Principal State Partnership Fund is provided by Apex Societies to Central Societies.
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