Q. Consider the following statements:
1.Cooperatives are community enterprises managed by diverse member entrepreneurships.
2.Cooperative societies with members from more than one State are regulated by the concerned State Registrars of the Cooperative Societies.
3.National Cooperative Development Corporation (NCDC) under the Ministry of Cooperation is implementing Cooperative Enterprise Support and Innovation Scheme. 
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: C
Notes:

Statement 1 and 3 are correct. Cooperatives are community enterprises managed by diverse member entrepreneurships. NCDC under the Ministry of Cooperation is implementing Cooperative Enterprise Support and Innovation Scheme.

Statement 2 is incorrect. Cooperative societies with members from more than one State are regulated by the Central Registrar of Cooperative Societies under the Multi State Cooperative Societies (MSCS).

Source: ForumIAS