act 11 of 1912 with the objective of functioning as the state’s apex bank for societies in bihar, directing and encouraging cooperative operations throughout the state and organising credit availability for cooperative groups. the bihar state cooperative bank exam is expected to release the ...
The Co-operative Societies Act, which was passed in 1904 envis- aged the formation of village credit societies. In 1912, the Act was amended to enable formation of other types of societies for activities relating to sale, purchase, production, housing etc. This Act also provided for the ...
Section 4, of the Indian Co-operative Societies Act, 1912 defines a cooperative "as a society which has its objective the promotion of economic interest of its members in accordance with co-operative principles"(Khandkar, 2011).Dr. Rajib Mallik...