Question

With reference to the 97th Constitutional Amendment, consider the following statements:

I. It added Part IX-B to the Constitution, covering Articles 243ZH to 243ZT.

II. Co-opted members on the board of a cooperative society have the right to vote in elections but cannot be elected as office bearers.

III. Every cooperative society must file returns including its audited accounts within six months of the financial year's end.

Which of the statements given above is/are correct?

• A. I and III only,
• B. II only
• C. I onl
• D. I, II, and III

Answer 1

Answer:

A. I and III only,

97th Constitutional Amendment Act, 2011

• The 97th Constitutional Amendment Act, enacted in 2011, is a landmark legislation aimed at strengthening cooperative societies in India.

• Part IX-B was inserted into the Constitution by this amendment, which deals with Cooperative Societies. This new part spans from Article 243ZH to 243ZT.

• This amendment aims to provide constitutional status and protection to cooperative societies, thereby promoting their growth and autonomy.

• Statement I is correct as it accurately reflects the addition of Part IX-B and the associated articles.

• Statement II is incorrect. According to Article 243ZK, co-opted members on the board of a cooperative society generally do not have the right to vote in elections. They are typically nominated or appointed to provide expertise and may not possess voting rights unless specified by law or the society's bylaws. Furthermore, their eligibility for election as office bearers is usually restricted.

• Statement III is correct. Article 243ZJ mandates that every cooperative society shall file its returns, including its audited annual accounts, with the Registrar within six months of the close of the financial year. This ensures financial transparency and accountability.

• The 97th Amendment aimed to bring cooperative societies under the purview of fundamental rights and Directive Principles of State Policy, emphasizing their importance in a democratic and economic structure.