Which of the following statements is correct about Article 43 B of the Indian Constitution ?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. It is related to cooperative society.
Article 43B of the Indian Constitution is related to cooperative societies and was added by the 42nd Amendment Act of 1976. This article aims to promote the formation and operation of cooperative societies in India as part of the Directive Principles of State Policy.
It specifically directs the State to encourage the promotion and development of cooperative societies. This is in line with the broader goals of social and economic justice outlined in the Constitution.