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Which of the following statements is/are correct regarding the Multi-State Co-operative Societies (Amendment) Bill, 2022?
A. The Lok Sabha referred this Bill to the joint committee of parliament comprising 21 members from the Lower House and 10 from the Upper House.
B. This Bill also proposed to establish a ‘Cooperative Election Authority’ to bring electoral reforms.
C. The Bill also has a Section — 63A that relates to ‘establishment of the Cooperative Rehabilitation, Reconstruction and Development Fund’ for revival of ‘sick multi-state cooperative societies’.
A and B only
B and C only
A, B and C
A and C only
- Statement A: The Multi-State Co-operative Societies (Amendment) Bill, 2022, was indeed referred to a joint committee of parliament. This committee includes 21 members from the Lok Sabha (Lower House) and 10 from the Rajya Sabha (Upper House).
- Statement B: The Bill proposes establishing a 'Cooperative Election Authority' to implement electoral reforms, aiming to enhance the transparency and effectiveness of co-operative society elections.
- Statement C: The Bill provides for a Section 63A, outlining the 'establishment of the Cooperative Rehabilitation, Reconstruction and Development Fund.' This fund is intended to support the revival of 'sick multi-state cooperative societies.'
Option 3: A, B, and C includes all these correct statements.
By: Parvesh Mehta ProfileResourcesReport error
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