Which part of the Constitution of India specifically addresses cooperative societies?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Part IXB
Part IXB, “The Co-operative Societies” (Articles 243ZH to 243ZT), was added to the Constitution by the 97th Constitutional Amendment Act, 2011. It deals with the incorporation, board of directors, elections, audit and supervision of co-operative societies. The same amendment made forming co-operative societies a fundamental right under Article 19(1)(c) and added Article 43B to the Directive Principles.