| Post Name | Assistant/ Jr. Clerk/ Jr. Assistant/LD Clerk etc |
|---|---|
| Question Paper Code | 111/2021 |
| Category Code | 401/2019, 402/2019, 149/2020, 150/2020, 229/2020 |
| Medium of Question | ENGLISH |
| Exam Type | OMR Examination |
| Total Questions | 100 |
1
Which is the Theme of International Day of co-operatives for the year 2020?
Answer
D. Co-operatives for Climate Action
2
‘‘Democracy is a Government in which everyone has a share” - Whose words are these?
Answer
C. Seeley
3
According to the Kerala Co-operative Societies Act, 1969, the maximum number of members
of a Representative General Body shall not exceed —————— in any case.
Answer
D. 500
4
The term used for funds borrowed and lent mainly by banks for overnight use is :
Answer
B. Call money
5
Who is the head of the Co-operative department?
Answer
A. Registrar
6
In India, “ Co-operative Week” is being celebrated every year, during the month of :
Answer
B. November
7
‘‘Co-operation was the only instrument to implement the economic programmes of democratic
India and the prime importance will be given for the growth and development of the
co-operative sector” - In which five year plan was this statement included?
Answer
A. First
8
In the Co-operative Flag, the Red colour should be at :
Answer
B. Top
9
“Co-operatives had not measured up to expectations in mobilising deposits and disbursing
credit at the retail level” – Whose opinion was this?
Answer
A. Rural Credit Review Committee 1969
10
Expand J.C.C.U :
Answer
C. Japanese Consumer’s Co-operative Union
11
In which year the Reformulated Principles were adopted by International Co-operative
Alliance (ICA) :
Answer
C. 1966
12
Which one of the following is not a principle of co-operation?
Answer
A. Voluntary and closed membership
13
The details of Nominal or Associate members are included in the —————— Section of the
Kerala Co-operative Societies Act, 1969.
Answer
C. Section 18
14
The jurisdiction of a circle Co-operative union is :
Answer
B. Taluk
15
The application for registration of multi-state Co-operative Society is made to :
Answer
A. Central Registrar
16
8th Co-operative congress in Kerala was held at :
Answer
C. Kannur
17
A smaller General Body constituted under Sec 27(2) of the Kerala Co-operative Societies Act,
1969 is called
Answer
A. Representative General Body
18
Which Section of the Kerala Co-operative Societies Act, 1969 deals with the voting right of a
member?
Answer
A. 20
19
Who is the author of the famous book ‘‘Towards Co-operative Common Wealth’’?
Answer
B. D.R. Gadgil
20
Richard Pioneers started their store with a share capital of :
Answer
A. 28 pounds
21
All Co-operative Societies accepting deposits will have to maintain :
Answer
D. Fluid Resources
22
Maintenance of Books and Accounts by Societies is as per which Rule of the Kerala
Co-operative Societies Rules :
Answer
A. Rule 29
23
Every proposal for Amendment to the byelaws of Co-operative Society shall be made only by
a resolution passed by a —————— majority of members present and voting.
Answer
B. 2/3
24
Maximum limit for surrender of earned leave admissible to the employees of Co-operative
society on retirement is :
Answer
C. 300 Days
25
In Co-operative Society —————— is not allowed.
Answer
B. Proxy
26
An enquiry can be ordered for the Registrar. Which of the following is an untrue statement?
Answer
D. On application from the nearby Society
27
Sec 28 A of the Kerala Co-operative Societies Act, 1969 provides for reservation of —————
of the total seats for women members in the Committee of every Co-operative Society
Answer
C. 3
28
“The Peoples Bank of Northern India” is a book authored by :
Answer
B. Dupernix
29
Which is the Headquarter of the All India Federation of Co-operative Spinning Mills?
Answer
D. Mumbai
30
Final Authority of the society shall vest in :
Answer
C. General Body
31
The Co-operative Arbitration Court entertains :
Answer
B. Only non-monetary issues
32
Mutually Aided Co-operative Societies Act is prevailing in the State of :
Answer
A. Andhra Pradesh
33
Rules 16 to 20 of the Kerala Co-operative Societies Rules prescribes two procedures for
getting :
Answer
B. Membership
34
In Milk Producers Co-operative Societies, the value of milk is on the basis of the —————
of the milk.
Answer
D. Quality
111/2021 6 A
35
An officer appointed by the Registrar as per Sec. 72 of the Kerala Co-operative Societies Act,
1969, for realization of assets and settlement of liabilities of a Co-operative Society is called :
Answer
C. Liquidator
36
On completion of the audit of the Society, the Auditor shall submit —————— or report to
the Registrar in the form prescribed by the Registrar.
Answer
Question Cancelled
37
The first Land Development Bank in the Co-operative Sector in our country was set up in :
Answer
C. Punjab
38
In a Co-operative Society, the maximum shares held by a member shall not exceed :
Answer
B. 1/5th of total Share capital
39
Which is the upper limit of dividend that can be paid to members of a Co-operative Society as
per Kerala Co-operative Societies Act, 1969?
Answer
A. 25%
40
Co-operation is included in the —————— schedule of Indian constitution.
Answer
C. VII
41
The KSCHF was registered on :
Answer
A. 23.9.1970
42
Rule 63 of the Kerala Co-operative Societies Rules describes :
Answer
D. Maintenance of fluid resources by Societies
43
The —————— implemented the “Operation Flood Programme”.
Answer
D. NDDB
A 7 111/2021
44
COINS related to :
Answer
C. Insurance Co-operative Society
45
The shortcomings in the Act of 1904 were removed by another legislation known as :
Answer
B. Co-operative Societies Act of 1912
46
Dividend is set apart from :
Answer
D. Divisible Profit
47
Which has jurisdiction over the whole of the State?
Answer
B. Apex Society
48
RAIDCO is engaged in the distribution of —————— machinery.
Answer
C. Agro
49
‘Kaira District Co-operative Milk Producers’ Union’, popularly known as Amul in the state
of :
Answer
D. Gujarat
50
Trading in a Consumer Co-operative Store is normally :
Answer
A. On cash basis
51
For calculating trend percentages any year is selected as :
Answer
D. Base year
111/2021 8 A
52
Find the cost of sales from: net sales = 15,00,000; indirect expenses = 3,00,000; gross profit = 2,00,000.
Answer
Question Cancelled
53
The risk associated with a project and the way by which it is categorised by a well diversified
investor is :
Answer
A. Beta risk
54
The compound rate at which a firm has to earn return on its investment in order to pay
reasonable return to the investors of fund as in the form of interest and /or dividend is
called :
Answer
D. Cost of capital
55
The very purpose for which an organisation is existed is called :
Answer
C. Mission
56
What is the foundation of blue ocean strategy?
Answer
B. Value innovation
57
What is the activity, set of institutions, and process for creating, communicating, delivering,
and exchanging offerings that have value for customers, clients, partners and society at
large?
Answer
A. Marketing
58
When business concerns make marketing decisions by considering consumer’s wants and the
long-run interests of the concerns, consumer and the general public, they are practicing
which of the following principles?
Answer
D. Societal marketing
59
In an accounting system, document which supports journal entries is classified as :
Answer
A. Source document
60
Difference between final sales value and separable costs is equal to :
Answer
B. Net realisable value
61
A simultaneous purchase and sale of foreign exchange for two different dates is known as :
Answer
B. Currency swap
62
What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Answer
D. Accidental Insurance Cover
63
Which one of the following is not an object of Atal Pension Yojana
Answer
A. PY)?
64
‘‘Repo Rate’’ refers to the rate at which :
Answer
A. Bills are discounted by RBI
65
Minimum Alternate Tax (MAT) U/s 115 JB of the Income Tax Act is applicable on :
Answer
B. Certain companies
66
The first man who advocated the view that the management should and can be taught is :
Answer
C. Henri Fayol
67
Espirit de corps means :
Answer
D. Union is strength
68
A system of co-operative activities of two or more persons is called :
Answer
B. Organisation
69
Goals, aims, purposes, mission and targets are collectively called :
Answer
C. Objectives
70
The subordinate is given with the authority to do all the functions in the department is
called :
Answer
B. General delegation
71
The concept of management accounting was coined by :
Answer
C. James H. Bliss
72
GST is a consumption of goods and service tax based on :
Answer
B. Destination
73
Examining of past performance, exploring alternative and planning future is :
Answer
D. Learning
74
Graph which plots series of successive observations of specific procedure, operation or step at
regular time interval is called :
Answer
A. Control chart
75
The difference between the price that consumers pay and the price that they are willing to
pay :
Answer
C. Consumer surplus
76
The practice where only extra-ordinary or non-routine matters are referred to the top
management and all routine and day to day matters are handled at lower level management
can be called :
Answer
D. Management by Exception
77
International capital market is also called :
Answer
A. Euro Market
78
The tax that a business pays on a purchase and that it can use to reduce its tax liability
when it makes a sale is called :
Answer
C. Input tax credit
79
In cash flow estimation, the depreciation shelters company’s income from :
Answer
A. Taxation
80
Contingencies and Events occuring after Balance Sheet date are dealt with :
Answer
B. AS 4
81
When a person legally exploits the tax system to reduce tax liabilities, it is called :
Answer
C. Tax Avoidance
82
The situation where the aggregate of the par value of its shares and debentures exceeds the
true value of its fixed assets is called :
Answer
A. Over capitalisation
83
AIIRR (International Rate of Return) , the PI (Profitability Index) is :
Answer
Question Cancelled
84
A retroactive arrangement between two parties who have no previous obligations to one
another :
Answer
D. Quasi contract
85
Name the present governor of RBI :
Answer
C. Shaktikanta Das
86
The types of goodwill where the customers are more loyal to a brand or company name :
Answer
A. Cat Goodwill
87
A primary market offer to the existing shareholders to buy additional shares of the company
on a pro-rata basis within a specified date at a discounted price than the current market
price is called :
Answer
B. Right share
88
That portion of subscribed capital which remains uncalled except in case of winding up or at
the time of liquidation is called :
Answer
D. Reserve capital
89
The minimum number of shares a person must own as provided in the company, in order of
quality to become a director of the company is called :
Answer
A. Qualification shares
90
What is the excess of net assets over consideration paid?
Answer
C. Capital Reserve
91
Name the application of ICT for delivering Government services to citizens in a convenient,
efficient and transparent manner. The objective is to ensure that the services of the
Government reach the public promptly and effectively :
Answer
A. e-Governance
92
Global System for Mobile (GSM) is a globally accepted standard for digital cellular
communication that is created first time in which generations of mobile communication :
Answer
B. Second Generation networks
93
Full form of SIM is :
(i) Subscription Identification Mobile
(ii) Subscriber Identity Mobile
(iii) Subscriber Identification Module
(iv) Subscriber Identity Module
Answer
C. Both (iii) and (iv) are correct
94
Real-time exchange of text messages between two or more persons over Internet is termed
as :
Answer
D. Online chat
95
Information Technology Act 2000 is amended in which year :
Answer
C. 2008
96
Section 66E of IT Act 2000 and IT Amendment comprises:
Answer
A. Punishment for violation of privacy
97
The compulsive desire or excessive enthusiasm to check or accumulate news and information,
typically via mobile phone or computer. Constantly checking e-mails, social networking sites,
online news, etc. are the symptoms :
Answer
D. Infomania
98
The small text files used by browsers to remember our email id’s, user names, etc are known
as :
Answer
A. Cookies
99
An application software for accessing the World Wide Web. It is used to navigate through
web pages in the World Wide Web :
Answer
C. Web browser
100
A challenge-response test in the form of an image of distorted text the user must enter that to
determine whether the user is human or an automated bot :
Answer
D. Captcha
———————
111/2021 14 A
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