| Post Name | Junior Co-Operative Inspector |
|---|---|
| Department | Kerala Khadi & Village Industries Board |
| Question Paper Code | 026/2020 |
| Category Code | 309/2019 |
| Date of Test | 16 October 2020 |
| Medium of Question | ENGLISH |
| Exam Type | OMR Examination |
| Total Questions | 100 |
1
————————— is an economic order where various economics activities are carried out
by private individuals for the sake of private profit.
Answer
A. Capitalism
2
————————— implies economic, political and social brotherhood among the
Co- Operatives of the various countries of the world.
Answer
A. Co-Operative Common wealth
3
International Co-Operative Alliance (ICA) founded in the year :
Answer
C. 1895
4
There are ————————— Principles of Co-Operation revised by ICA in 1995.
Answer
C. 7
5
Karvey commission submitted its report in the year :
Answer
D. 1966
6
————————— is not a principle of Co-Operation.
Answer
C. Co-Operative Common Wealth
7
Rochdale Equitable pioneers society in England was found in the year :
Answer
D. 1844
8
The magazine, ‘The Co-Operator’ is published by :
Answer
A. NCUI
9
————————— is the journal in Co-operative sector published by information Bureau,
Co- Operative department, Kerala.
Answer
B. Sahakarana Veedhi
10
Single purpose Co-Operative societies are exclusively been organised in :
Answer
B. Denmark
11
NCDC was established in the year :
Answer
C. 1963
12
Large sized societies were expected to have large membership ranging between ——————
to —————————.
Answer
B. 300 to 500
13
KSCARDB was established in the year :
Answer
C. 1956
14
NABARD was established in the year :
Answer
A. 1982
15
Kerala state has adopted ————————— system of organisation for marketing
Co-Operatives.
Answer
B. Two tier
16
Which Co-Operative is established for the development of tribes in India?
Answer
A. Lamps
17
National Dairy Development Board (NDDB) is constituted in the year :
Answer
C. 1965
18
Kerala State Handloom Weavers Co-Operatives (HANTEX) was established in the year :
Answer
D. 1961
026/2020 4 A
19
All India Rural Credit Survey Committee is also Known as :
Answer
A. Gorwala Committee
20
Kerala Co-Operative Societies Act was passed in the year :
Answer
B. 1969
21
RBI Act was passed in the year :
Answer
B. 1934
22
The Chairman of Co-Operative Planning Committee was :
Answer
C. R.G. Saraiyya
23
The Statutory Responsibility of Audit of Co-Operative Society is Vested with :
Answer
D. Registrar
24
————————— is a written and predetermined plan of action for conducting an audit.
Answer
A. Audit Programme
25
————————— is the backbone of auditing.
Answer
C. Vouching
26
Section 44 of Kerala Co-operative societies Amendment act 2013, deals with ———————
Fund.
Answer
B. Principal State Partnership Fund
27
As per Kerala Co-operative Societies Act, 1969, every society should set apart not less than
————————— of net profit towards its reserve fund.
Answer
C. 15%
28
As per Kerala Co-Operative Societies Act 1969, every society should set apart not more than
————————— of net profit towards its common Good Fund.
Answer
A. 10%
29
————————— Fund created out of annual net profit of the Co-Operative society for
meeting unforeseen losses or expenses in connection with winding up of the society.
Answer
A. Reserve Fund
30
Subsidies and grants available from government to a co-operative society forms as part of its :
Answer
C. Working Capital
31
————————— is the fee payable to the Government by the co-operative societies for
conducting Concurrent audit.
Answer
A. Audit cost
32
————————— means a special charge on movable or immovable property created in
favour of a co-operative institution which deals with credit activities.
Answer
B. Gehan
33
————————— is the appellate authority vested with powers of Appeal, Revision and
Review.
Answer
A. Tribunal
34
The Kerala Co-Operative Tribunal has ————————— members.
Answer
D. One
35
An Appeal to the Co-Operative Tribunal can be filed within ————————— days from
the date of such order, decision or award.
Answer
C. 60
36
Sec. 84 of Co-Operative Societies act deals with :
Answer
B. Revision by Tribunal
37
The responsibility of Co-Operative audit is entrusted with :
Answer
B. Director of Co-Operative Audit
38
Maximum amount to be paid by the Co-Operative society as audit fee is :
Answer
B. Rs. 1,00,000
39
Head of the co-operative department is :
Answer
C. Registrar
40
The final authority of a Co-Operative society shall be vested with :
Answer
B. General Body
41
All India Co-Operative Congress was held at :
Answer
Question Cancelled
42
The agricultural refinance corporation was setup in :
Answer
Question Cancelled
43
Multi - State Co-Operative societies Act was enacted in the year :
Answer
D. 1984
44
————————— Commission Submitted the report for framing co-operative societies
Act, 1904.
Answer
A. Sir Edward Law
45
Andhra Mutually aided Co-Operative Act came into existence on :
Answer
C. 1995
46
————————— operates under state domination.
Answer
B. Socialism
47
The apex body of ICA is :
Answer
C. General Assembly
48
Rochdale Equitable pioneers society in England came into existence in the year :
Answer
B. 1844
49
Capitalism is an economic order where various economic activities are carried out by :
Answer
C. Private individuals
50
CONSUMER FED was started in the year :
Answer
A. 1965
51
The RBI has created ————————— a specialized financial institution for insuring the
deposits in banks.
Answer
B. DICGC
52
————————— is an agency function of a bank.
Answer
A. Payment of insurance premium on direction of customers
53
The Reserve Bank was nationalized in :
Answer
D. 1949
54
The risk based supervisory framework adopted by RBI from 2013 is known as :
Answer
Question Cancelled
55
The first note issued by independent India was
Answer
A. Rupee One Note
56
The Regional Rural Banks, State Co-operative Banks, District Central Co-operative
Banks are regulated by :
Answer
C. NABARD
57
Bank of Calcutta and Bank of Bengal were the names of ————————— bank.
Answer
B. SBI
58
Principle functions of banks are :
(i) Accepting deposits
(ii) Lending
(iii) Investing
(iv) Non-fund business and remittance services
Answer
A. Only (i) and (ii)
59
The objectives of KYC are :
Answer
D. Only
60
What relationship is created when the bank collects a cheque is clearing?
Answer
C. Agent and principal
61
Credit risk to the bank is high from the :
Answer
A. Credit card holders
62
Garnishee order is issued by
Answer
D. Courts of law
63
Sans recourse means :
Answer
C. Without liability to me
64
Under farm mechanization scheme, loan is given to farmer for :
Answer
C. Purchase of farm equipment
65
Pick the correct statement from the following :
Answer
D. A decrease in Bank Rate is likely to lead to a decrease in interest rates of
banks.
66
Maintenance of the following books, registers is not compulsory for SHG :
Answer
C. Visitor's book
67
Wholesale banking refers to doing banking business with :
Answer
B. Industrial and business entities-including government and public sector
companies.
68
Which is the oldest functioning Joint Stock Bank in India?
Answer
B. Allahabad Bank
69
For the first time 14 major commercial banks were nationalized by the Indian Government in
the year :
Answer
C. 1969
70
The following statement regarding Payment Banks is false :
Answer
D. Payment Banks can accept deposits upto 2 lakhs per customer.
71
The maximum age for joining in the Atal Pension Yojana
Answer
A. PY) is :
72
————————— scheme will offer a renewable one year death cum disability cover of
rupees two lakhs to all savings bank account holders in the age group of 18 to 70 years for a
premium of Rs 12/- per annum per subscriber.
Answer
A. PMSBY
73
————————— is a life insurance scheme, which covers the death of the insured,
regardless of the cause of the death.
Answer
B. PMJJBY
74
The bank ombudsman can now pass an award (penalty) upto ————————— lakhs.
Answer
C. 20
75
The Clayton's Rule is applicable in case of :
Answer
D. Appropriation of payment in a running account
76
The right of general lien can be exercised in the following cases :
Answer
C. When some securities are held by the bank as a banker
77
FEMA is the acronym of :
Answer
D. Foreign Exchange Management Act
78
Pick the statement that is not true in case of a bank account of a Joint Hindu Family :
Answer
D. Death/Lunacy/Insolvancy of a co-parcener dissolves the JHF
A 11 026/2020
79
After the Small Finance Bank reaches the net worth of ————————— listing will be
mandatory within three years of reaching that net worth.
Answer
C. 500 crores
80
An entity can be termed as a ‘Bank’ if :
Answer
B. A firm or company is incorporated under Indian Companies Act and accepts
deposits for lending or investment.
81
If a customer keeps certain valuables or securities with the bank for safekeeping, the
bank is
Answer
D. Both
82
Demand deposits are those which can be withdrawn :
Answer
B. On demand
83
Banker's lien is an/
Answer
B. Implied pledge
84
A minor for whom the court has appointed a guardian attains majority on completion of :
Answer
A. 21 years
85
Delegation of power under a trust is :
Answer
B. Not possible
86
One of the following statements is not true with respect to RTGS
Answer
B. Only the corporate and government departments can avail of the facility
87
Security features available with smart cards are
Answer
D. All of the above
88
Demand Draft is issued by the banks to be valid for, Multiple pins
Answer
C. 3 months
89
Security features available with smart cards are
Answer
D. All of the above
90
When banks give home loans, the nature of charge created is
Answer
B. Mortgage
91
The key in a standard keyboard which deletes one character before the cursor is
Answer
A. Backspace
92
Which of the following is also referred to as a console?
Answer
Question Cancelled
93
A platter of a hard disk is divided into
Answer
A. Tracks and sectors
94
The popular image editor GIMP starts for
Answer
D. GNU Image Manipulation Program
95
The small memory which can be kept inside a central processing unit is referred as
Answer
C. Registers
96
The network device that can read the MAC address of source and destination computers is
Answer
Question Cancelled
97
Which of the following is not a search engine?
Answer
B. Find
98
Which of the following is correct code while designing a web page ?
Answer
D.
99
The practice of registering an Internet domain name that is likely to be wanted by another
famous person or business
Answer
C. Cyber squatting
100
Which of the following is a system software?
Answer
Question Cancelled
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