MPSC Rajyaseva 2015 GS Paper 1 — Question 70
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सहकारी संस्थांचे आर्थिक वर्ष ________ हे असते. The Financial year of a Co-operative organization is ________ .
1)1 एप्रिल ते 31 मार्च / 1st April to 31st March✓ Correct
2)1 जानेवारी ते 31 डिसेंबर / 1st January to 31st December
3)1 जुलै ते 30 जून / 1st July to 30th June
4)1 मे ते 30 एप्रिल / 1st May to 30th April
The financial year for all co-operative organizations and societies in India traditionally runs from 1st April to 31st March, aligning with the general financial year of the country.
🏛️ The Maharashtra angle
Maharashtra has a massive cooperative sector (sugar factories, district banks), making cooperative financial rules very relevant.
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