When was Co-operative Societies act passed?
Q. Co-operative Societies Act was enacted in which year?- Published on 15 Feb 17a. 1912
b. 1949
c. 1935
d. 1913
ANSWER: 1912
The Co-operative Societies Act was enacted in the year 1912.
- This Act may be called the Co-operative Societies Act, 1912; and
- It extends to [the whole of India except 3 [the territories which, immediately before the 1st November, 1956, were comprised in Part B States].
Co-operative Banks in India
The structure of cooperative network in India can be divided into 2 broad segments -
1. Urban Cooperative Banks
2. Rural Cooperative Banks