In a co-operative society, shares are offered only
At par
At discount
At premium
At premium or discount
In India, references about co-operation are made in
Ramayana
Mahabharata
Arthasastra
Vedas
Tamilnadu co-operative societies Act was passed in
1956
1961
1974
1948
In a co-operative society, the shares of a member
Can be transferred
Can be repaid
Cannot be transferred
Sometimes can be transferred
In a co-operative society, rights of the members are
Partial
Equal
Unequal
No rights
A co-operative society must be registered under the
Co-operative societies Act, 1912
Securities contract regulation Act, 1956
Indian partnership Act, 1932
Indian companies Act, 1956
Maximum membership in a co-operative society is
50
60
100
Unlimited
The minimum number of members required to form a co-operative society is
2
10
20
25
The liability of the members of a co-operative society is limited to
Capital taken by them
Private properties of the members
No liability
Central co-operative bank is established at
Villages
Districts
Urban areas
State head quarters