Multiple choice

When was the Cooperative Societies Act, first passed in India?

  1. 1900

  2. 1902

  3. 1904

  4. 1906

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Cooperative Societies Act was first passed in India in 1904 during Lord Curzon's viceroyalty. This legislation provided the legal framework for establishing cooperative societies for credit, agriculture, and other purposes, enabling farmers and artisans to pool resources and access credit without exploitation by moneylenders and middlemen.