खालीलपैकी कोणते/ती विधान/विधाने बरोबर आहे/आहेत ? (a) 1904 चा सहकार कायदा स्व-मदत आणि सहकार्याची भावना वाढीस लावण्याच्या उद्देशाने संमत करण्यात आला होता. (b) 1904 चा मध्यवर्ती कायदा अजूनही भारतीय सहकार विषयक कायद्याचा आधार मानला जातो.

The correct answer is Option C (Both).

Key Points:
• Correct Option Evaluation: The correct answer is option (3) Both.
• Cooperative Societies Act of 1904:
• Statement (a): The Cooperative Credit Societies Act was passed in 1904 (following recommendations of the Sir Frederick Nicholson committee) primarily to encourage self-help, mutual aid, and cooperation among rural farmers trapped in indebtedness. (Correct)
• Statement (b): The 1904 Act laid the foundational legislative framework for cooperative societies in India, which was later expanded by the more comprehensive Cooperative Societies Act of 1912, serving as the historic bedrock for cooperative legislation. (Correct)
• Analysis: Both historical statements regarding the genesis and legislative foundation of Indian cooperative laws are accurate.
• Exam Insight: The cooperative movement in India originated in agricultural credit cooperatives to free farmers from moneylenders.
• Key Takeaway: Both statements regarding the Co-operative Act of 1904 promoting self-help and serving as the legislative basis are correct.