Explanation:

The correct answer is Option 2: 1912.

Explanation:
The Co-operative Societies Act of 1912 was enacted in India to provide a legal framework for the registration, regulation, and functioning of co-operative societies. It replaced the earlier Co-operative Credit Societies Act of 1904, which was focused only on credit co-operatives. The 1912 Act expanded its scope to include non-credit co-operative societies and laid the foundation for the co-operative movement in India, promoting self-help and mutual assistance among members.