Q24 · UPSC current affairs · 9 September 2026 · PIB · CRCS Sahara Refund Portal

← Q23

What defines a Multi-State Cooperative Society under Indian regulatory statutes?

A A cooperative society operating in more than one State, governed by Central statutory regulations.
B A corporate enterprise owned entirely by foreign direct investments across multiple states.
C A public sector undertaking managed directly by the Reserve Bank of India.
D A non-governmental organization registered exclusively under state-level Societies Registration Acts.

Correct answer: (a) A cooperative society operating in more than one State, governed by Central statutory regulations.

Explanation

Option A is correct because a Multi-State Cooperative Society operates in more than one State and is governed by Central statutory regulations. Options B, C, and D are incorrect.

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