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Which of the given statement about the Cooperative societies in India is incorrect?
Cooperative societies have been given a constitutional status in India
The state legislature has the authority to fix the number and term of members of boards and various office bearers.
In order to ensure autonomous functioning, the elected board cannot be suspended or superseded during its term of five years.
The provisions pertaining to cooperatives are applicable to the Union Territories also but the President has power to change or modify them.
The elected board of cooperatives has a term of five years but it can be suspended or superseded in case of default or violation of any of the constitutional provisions. But the administrator so appointed to manage the affairs shall arrange for elections within the period of six months. Precedence.
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