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Which was the first cooperative society registered under Cooperative Societies Act 1904 and in which year it was registered?

4. Which was the first cooperative society registered under Cooperative Societies Act 1904 and in which year it was registered?

1. Agricultural Credit Cooperative Society, 1905
2. Grant Road Society, 1914
3. Madras Cooperative Union, 1914
4. None of the above

Answer: A) Agricultural Credit Cooperative Society, 1905

Explanation:

Agricultural Credit Cooperative Society, of Kanaginahal town of Gadag District in Karnataka, was the principal helpful Society framed under the First Cooperative law of India. This was dispatched on eighth July 1905 by the locals of Kanaginahal under the authority of Shri Siddanagowda SannaRamanagaowda Patil with the underlying offer capital of Rupees 2,000.