11.
Consider the following statements regarding the Multi-State Co-operative Societies (Amendment) Act, 2023:
- Multi-State Co-operative Societies cannot issue funds or loans against their own shares kept as security.
- The Co-operative Rehabilitation, Reconstruction and Development Fund will be abolished and a new fund will aabe raised.
- The members for the Cooperative Election Authority shall be directly elected by selection committee.
How many of the given statements is/are correct?