6 Questions
According to Article 78, which of the following investments are cooperatives allowed to make?
Securities issued or guaranteed by the government
What is the purpose of a cooperative's revolving capital as described in Article 79?
To strengthen the cooperative's capital structure
According to Article 79, how can a cooperative's revolving capital be raised?
By deferring patronage refunds and interest on share capital
What type of certificates are issued for a cooperative's revolving capital, according to Article 79?
Revolving capital certificates
Which of the following is NOT a type of investment that cooperatives are allowed to make according to Article 78?
Investments in any other business
What information must be included on the revolving capital certificates issued by the cooperative's board of directors, according to Article 79?
Name, amount, interest rate, time of retirement, amounts to be returned, and serial number
Test your knowledge on the rules related to investment of capital and revolving capital in cooperatives based on articles 78 and 79. Learn about permissible investment options for cooperatives as outlined in the bylaws.
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