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Kerala PSC Lower Division Clerk – Kerala STate Co Operative Coir Marketing Federation Ltd. Previous Question Paper – 087/2024/OL

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Post NameLower Division Clerk - Kerala STate Co Operative Coir Marketing Federation Ltd.
Question Paper Code087/2024/OL
Category Code454/2023
Date of Test5 August 2024
Exam TypeOnline Examination
Total Questions100
1
In the event of a partner's death, what happens to their share in a partnership business, as per a typical partnership agreement ?
Answer
A. The share is distributed among the remaining partners
2
Match the items of List I with those of List II and indicating the code of correct matching. List I List II i. All India Rural Credit Survey Committee 1. 1995 ii. Manchester Congress of the International Cooperative Alliance 2. 1963 iii. The National Cooperative Development Corporation 3. 2002 iv. Multi State Cooperative Societies Act 4. 1954
Answer
B. i-4, ii- 1, iii-2, iv-3
3
Cooperation in a vast country like India is of great significance because I. It is an institution of mutual help and sharing. II. It softens the class conflicts and reduces the social cleavages. III. It reduces the bureaucratic evils and follies of political factions. IV. It overcomes the constraints of agricultural development.
Answer
D. All are correct
4
Consider the following list co-operative principles by Karve Committee I. Open and voluntary membership II. Democratic management III. Service motive IV. Limited interest on share capital V. All for one and one for all
Answer
C. All are correct except III and V
5
Which international organization promotes and supports cooperative development globally ?
Answer
D. International Cooperative Alliance
6
What is the primary advantages of limited liability for shareholders in a Corporation ?
Answer
C. Shareholder's liability is limited to their investment in the company
7
Socialism and co-operation resemble each other in a variety of ways. I. Both aim at the abolition of class struggle, profit economy and poverty in the midst of plenty, which militate against the norms of a welfare state. II. Both maintain economic equality and offer no opportunity for the development of glaring inequalities of income and wealth. III. Both aims at the welfare of the community and the promotion of social justice and progress. IV. Both oppose individualism and seek to replace it by collective ownership and collective action.
Answer
D. All are correct
8
Consider the following statements related to Co-operative Societies Act of 1912 I. Co-operative Credit Societies Act II. Audit by the Registrar directly III. Societies were classified into Rural and Urban IV. Allow to Register Non-credit Societies as well
Answer
C. Only IV is correct
9
Consider the following drawbacks of capitalism. I. There is unfair, unequal distribution of income and wealth II. Human values and ethics are not at all taken care of III. The workers are merely treated as a part of factor of production IV. Private ownership of means of production is prohibited
Answer
C. All are correct except IV
10
The theme for the 2023 International Day of Cooperatives is
Answer
B. Cooperatives partners for accelerated sustainable development
11
What is the primary objective of the Cooperative Department in Kerala ?
Answer
C. To encourage and support cooperative societies in different sectors
12
Match the items of List I with those of List II and indicating the code of correct matching. List I List II i. Travancore Co-operative Societies Act 1. 1951 ii. Cochin Co-operative Societies Act 2. 1932 iii. Madras Co-operative Societies Act 3. 1913 iv. Travancore-Cochin Co-operative Societies Act 4. 1914
Answer
A. i-4, ii-3, iii-2, iv-1
13
A member who acted adversely to the interest of the society will be
Answer
B. Expelled
14
Under the KCS Act, 1969, who appoints the Registrar of Co-operatives ?
Answer
B. The Government of Kerala
15
Consider the rights of members of a society as per Kerala Co- Operative Societies Act, 1969 I. Right to Vote II. Right to withdraw or transfer shares III. Right to inspect records
Answer
A. All are correct
16
In the context of the KCS Act, 1969, what does the term "quorum" refer to in the context of Management Committee Meetings ?
Answer
B. The minimum number of members required to be present for a meeting to be valid
17
Match the items List I with those of List II and indicating the code of correct matching List I List II i. Book of original entry 1. Trial Balance ii. To record the proceedings of the general body meetings 2. Cash Book and meetings of the Management Committee iii. Record showing receipts and payments and outstanding 3. General Ledger iv. Arithmetical accuracy of the books of accounts 4. Minutes Book
Answer
B. i-2, ii-4, iii-3, iv-1
18
According to the KCS Act, 1969, who has the authority to appoint an Administrator to manage the affairs of a Co-operative Society in certain circumstances ?
Answer
A. The Registrar of Co-operative Societies
19
Which of the following statements are correct related to Cooperative Audit in KCS Act, 1969 ?
Answer
C. The audit of Cooperative Societies is mandatory and failure to comply can result in penalties
20
What is the primary purpose of conducting an inquiry into a Cooperative Society's affairs under the KCS Act, 1969 ?
Answer
D. To ensure compliance with the Act and the society's bye-laws
21
The scope of Cooperative audit or auditing of Cooperative Societies is described as per ______ of Kerala Cooperative Societies Act, 1969. No. Section I Section 2 (a) II Section 64 (2a) III Section 64(1) IV Section 2 (ab)
Answer
C. III and IV
22
The following statements are related to different ways of audit now in vogue. You are required to identify the incorrect statement (s) related to characteristics or utility of audit given below I. Internal Audit is a type of continuous audit. II. The existence of interim audit minimizes chances for committing frauds, errors and omissions. III. Test audit is conducted to ascertain whether the auditor has done the audit correctly. IV. Test audit is to be conducted side by side with the final audit. V. Statutory audit is taken up at the close of financial or trading period.
Answer
D. II only
23
The table presents authorities in the administrative set up and hierarchy of powers in the office of Cooperative Audit wing of department of cooperation. Arrange the post of authorities in the order of hierarchy of administrative power and authority. I. Additional Director-Deputy Director-Joint Director-Assistant Director II. Joint Director-Deputy Director-Additional Director-Assistant Director III. Additional Director-Joint Director-Deputy Director-Assistant Director IV. Deputy Director-Joint Director-Additional Director-Assistant Director
Answer
A. III
24
Rule 31 of Kerala Cooperative Societies Rules specifies the period for which the societies have to keep their records after they are audited by the department. Match the type of records to be maintained enlisted in Part A with period of Maintenance of Books of Accounts enlisted in Part B. Part A (Records maintained) Part B (Period of maintenance of Books of Accounts) A. Share Withdrawal Register I. 3 Years B. Share Application Register II. 7 years C. Goods Ledger III. Permanent D. Dividends Register IV. 5 years
Answer
B. A-III, B-I, C-IV, D-II
25
The following table presents the entries made by auditor in relation to which ticks/check marks are made while undertaking mechanical audit in different processes and procedures of audit. Match the appropriate type of ticks with place of putting tick/check. The items in part I represent type of ticks and place of marking in Part II. Code Part I Code Part II A Calling over I On the left side of figure B Casting of totalling II At the bottom of figure C Vouching III On the left hand side of figure checked D Contra/transfers IV On the right hand side
Answer
B. A-II, B-III, C-I, D-IV
26
Which one of the following guideline don't match with audit classification of credit societies ? i. The audit classification is made on norms/standards prescribed categorized into 5 heads and 100 marks. ii. The maximum marks allotted in the norms is for credit (Loans to members) iii. No society shall be classified as B whose over dues to demand under principal exceed 25 per cent. iv. If a society remains in "D" class for 2 or 3 years continuously, it will have to be liquidated. v. To classify society in "A" class, the society must be working on profit.
Answer
D. iii and iv only
27
With respect to duties, powers of an auditor, 4 cases are given with two statements supporting each other. Which among the following case (s) is/are in appropriate both with respect to part A and part B respectively as to duties and powers of auditor ? Case Part A Case Part B 1 Section 2 of Kerala Cooperative Societies Act 1. In addition to ascertaining correctness gives ample powers to auditor to summon of books of accounts, auditor can make members to furnish information relating to enquiry by calling for explanation and transactions in society personal verification of accounts of members 2. Audit classification is awarded to the 2. The audit classification is awarded on society as per instructions and completion of statutory audit by guidelines issued by Registrar from Registrar/Director of Cooperative Audit time to time 3 The auditor should see whether cash 3. The Auditor has to verify the manner in balance is acutally kept as per byelaw which cash balance is kept 4. Section 64 2(a), 2(b) empowers 4. Director of cooperative audit may Director of cooperative audit to have instruct any person in possession or access to any books of accounts, responsible for custody to produce papers etc. any books of accounts of society at any place including office of his subordinates
Answer
B. Case 2 only
28
Which of the following is the duty of auditor on administrative aspects to examine overall functional aspects of the institution to get verified ? I. Minutes Book II. Property Statement III. Subsidiary Rules IV. Inspection Report
Answer
D. I, II, III and IV
29
Match the different types of Societies and basis of calculation of Audit fee as tabled below in Part A and Part B. List I (forms of presentation) List II (purpose / characteristics) A Credit societies I On working capital or sales proceeds of goods whichever is higher B Societies having credit and II On working capital noncredit activities C Societies dealing in goods III On aggregate of loans issued / recovered during (except coir/consumer societies) the year of audit D PCARDB, House Mortgage Banks, IV On sale proceeds Housing societies
Answer
B. A-II, B-I, C-IV, D-III
30
The following statements are related to levy of Audit Fees on Cooperative Societies. Identify the incorrect statement of the following. I. The maximum amount chargeable as audit fee is limited to Rs. 1,00,000. II. All farming societies are exempted from payment of audit fee. III. Any society for the year of audit, irrespective of the date of commencement of business is exempted payment of audit fee. IV. Director of Cooperative Audit may appoint an auditor auditors separately or wholly for the purpose of auditing the accounts of the society or societies, if the annual turnover or working capital exceed Rs. 25 lakhs.
Answer
C. III and IV only
31
Section 69 of the Kerala Cooperative Societies Act is related to disputes and its settlement in Cooperative Societies. In which of the following circumstances, Section 69 doesn't apply with respect to dispute ? I. Dispute between the co-surety against another co-surety. II. Death caused due to fall of compound wall of society-petition for compensation. III. Dispute concerning misappropriation by an employee. IV. Suit for realisation of money misappropriation by collection agent.
Answer
C. I, II and IV only
32
The forms, procedure of registration and presentation of appeal are given in Rule 98 to 100 of Kerala Cooperative Societies Rules. You are required to identify the appropriate forms related to registration, presentation of appeals and applications. List I (forms of appeals List II (purpose / characteristics) and application) A. Form No. 17 I. Appeal memorandum to the tribunal under Section 82(1) B. Form No. 15 II. Application for review under Section 85(2) (a) to the Tribunal C. Form No. 18 III. All Principal applications other than memoranda of appeal and application for review D. Form No. 16 IV. Interlocutory application
Answer
A. A-III, B-I, C-IV, D-II
33
The penalties imposed for offences under Section 94 and 95 comprise of fine with or without imprisonment. You are given with 4 situations/offences which are subject to penalty/fine. Identify the correct option wherein fine (max) imposed match with directives in Kerala Cooperative Societies Act with respect to offences enlisted below. Offence 1 : Carry on any trade or business in contravention of sub Section (1) of 94. Offence 2 : Failure to handover custody of books, accounts, documents etc. to Registrar, Director of Cooperative Audit or person authorized. Offence 3 : Indulge or adopt any corrupt practices during or after the election of members of the committee or of office bearers or delegates as given in Section 94 (4B). Offence 4 : The committee or an officer or member willfully makes false return or furnish false information or fail to produce cash balance on demand.
Answer
D. Offence 1 - Rs. 2,000, Offence 2 - Rs. 5,000, Offence 3 Rs. 1,000, Offence 4 - Rs. 5,000
34
Which one of the following is (are) correct with respect to functioning and powers of Cooperative Arbitration Court ? I. Arbitration Court has power to order reinstatement of dismissed employees similar to that of the award of the Industrial Tribunal or Labour Court. II.The dispute in connection with the employment of officers and their promotion and interse seniority are to be adjudicated by Cooperative Arbitration Court. III.Cooperative Arbitration Court is not a forum subordinate to the registrar of Cooperative Societies. IV. The Cooperative Arbitration Court may make interlocutory orders, on disputes pending for award referred to it as per Section 69, in the interests of justice.
Answer
B. II, III and IV only
35
With respect to Arbitration process, role and responsibilities of Registrar and Arbitration Court is below. Which among the following is inappropriate as to Sections and Rules of Kerala Cooperative Societies Act 1969 in this respect ? I. The Registrar or any person conferred with the powers of registrar under Section 69 of the Act is only a quasi-judicial authority and not a court. II. The Arbitration Court is only vested with power to decide non-monetary disputes. III. Monetary disputes relating to service matters come under the jurisdiction of Arbitration Court. IV. w.e.f. 1-2-2003, all non-monetary disputes pending before Registrar or any person vested with the power to dispose of same by the Government or the Registrar has to be transferred to the Arbitration Court.
Answer
D. IV only
36
You are given with two choices with respect to each of 4 options related to winding up procedure as per Kerala Cooperative Societies Act. Identify the correct choice with respect to each of the four options as tabled below. Option Proceedings as to wind up of Cooperative Societies Choice (i) Choice (ii) I Fixation of amount of remuneration to liquidator Government Registrar II Progress report on winding up process to Registrar Quarterly Monthly III Responsibility of maintenance of common Assistant Registrar Joint Registrar liquidation fund (General) IV. Removal of Liquidator Registrar Government V. Completion of winding up proceedings by liquidator 2 years 3 years
Answer
C. Option I-(ii), Option II-(i), Option III-(i), Option IV-(i), Option-V(ii)
37
Which one of the following is /are not an appropriate prerequisite as per Section 71 (1) of Kerala Cooperative Societies Act, 1969 in respect of proceedings of winding up of societies ? I. Inquiry under Section 65 II. Inspection under Section 66 III. Application from three fourth of members of society ought to be wound up IV. Opportunity to society to make representation V. Consultation with financing bank and circle Cooperative Union
Answer
A. III only
38
The powers of liquidator in winding up of Cooperative Societies subject to the control of registrar are enlisted below. Which one of the following is not the nature of business or right of Liquidator in relation to winding up process ? I. Determine whether any person is member, past member or nominee of a deceased member. II. Determine the persons and in what proportions the cost of liquidation are to be borne. III. Carry on business of society for the beneficial winding up of society. IV. Investigate all claims against the society and subject to the provisions of act, to decide questions of priority arising between claimants. V. The functions of liquidator is an executive or administrative and not quasi- judicial.
Answer
D. V only
39
The role of Registrar and Liquidator in winding up process and the legal effect of winding up of Cooperative Societies are presented below. Which of the following do(es) n't conform to the Act and Rules in respect of liquidation process of Cooperative Societies ? I. The enquiry report must contain the reasons for the winding up order given by the Registrar II. Until winding up process is finished and registration is not cancelled, the corporate entity exists. III. The Registrar or Liquidator is entitled to institute or defend a suit. IV. An order of winding up passed without notice and without furnishing copy of inquiry report is illegal. V. The maximum period for which extension is allowed for completion of winding up process is limited to 1 year from the date of commencement of Kerala Cooperative Societies (Amendment Act), 1999.
Answer
B. III only
40
The competent authority to issue order on cancellation of registration of society is
Answer
C. Registrar
41
Gehan is a scheme followed for which of the following purpose ?
Answer
D. Taking loan from PCARDBs
42
The designer of Co-operative Flag, Charles Gide belongs to
Answer
B. France
43
Fishery co-operatives are examples for
Answer
C. Industrial co-operation
44
Which type of Co-operative Society offers crop loan to its members
Answer
C. Service Co-operatives
45
Farmers Service Co-operatives are set up in India as per the recommendation of which of the following Committee ?
Answer
B. The National Commission on agriculture
46
CRAFICARD was appointed by
Answer
A. Government of India
47
Which of the following statements is not correct with regard to NABARD ?
Answer
D. The headquarter of NABARD is at New Delhi
48
There are _________ regional milk producing unions in Kerala.
Answer
B. Three
49
The headquarter of NDDB is at
Answer
A. Gujarat
50
What is the main objective of double compartmental system ?
Answer
B. Ensure efficient stock maintenance and verification in consumer co- operatives
51
NCCT was formed in India as per the recommendation of which of the following Commettee ?
Answer
B. Swaminathan Committee
52
Institute of Co-operative Management is functioning under the control of
Answer
A. NCCT
53
Which of the following Co-operative education agency provides training and education to the trainers of co-operation ?
Answer
D. NCCE
54
The need of education of members in a Co-operative Society has been highlighted in which of the following stages of Co-operative principles ?
Answer
D. All of the above
55
What is the name of the journal published quarterly by NCUI ?
Answer
C. Indian Co-operative Review
56
The Kerala Co-operative Societies Act came into existence on
Answer
C. May 1969
57
In Kerala the Co-operative Movement started as
Answer
B. Government sponsored movement
58
Which is the final authority in a co-operative society according to KCSA, 1969 ?
Answer
B. The General Body
59
Before passing KCSA 1969, Malabar District was governed by which of the following Act ?
Answer
D. Madras Co-operative Societies Act, 1932
60
Which of the following statement is not correct according to KCSA, 1969 ?
Answer
C. The application for registration shall be accompanied by two copies of the proposed bye-laws of the society
61
Who was the co-founder of 'Rochdale society of equitable pioneers' ?
Answer
B. Mr. Charles Howrath
62
Who was the Chairman of Co-operative Credit Committee ?
Answer
A. V. L. Mehta
63
Brand name of the goods produced by Co-operative Society in Denmark is known as
Answer
C. Lurbrand
64
The earliest form of Co-operative Society in Russia is called
Answer
A. Labour Artels
65
Which institution plan, organise, co-ordinates and finance co-operative development programmes in India ?
Answer
D. NCDC
66
The co-operative credit organisations in Japan is called
Answer
C. KOH
67
The collective form of co-operatives in USSR is known as
Answer
B. Kolkhozes
68
__________ is the federation of consumer co-operatives in Sweden.
Answer
A. Ko-operative Forbundet
69
__________ is the cradle of co-operative societies of the world.
Answer
B. Germany
70
____________ is the apex organisation of marketing co-operatives for agricultural products in India.
Answer
D. NAFED
71
___________ is the biggest co-operative in the world by turnover on GDP per capita.
Answer
B. IFFCO
72
The main fertilizer manufactured by KRIBHCO was
Answer
C. Urea
73
___________________ is the apex regulatory body for overall regulation of RRBs and Apex Co-operative Banks in India.
Answer
A. NABARD
74
NABARD is established on the recommendations of ____________ Committee.
Answer
B. B. Sivaraman Committee
75
Who was the founder of NDDB ?
Answer
D. Verghese Kurien
76
The main office of the NDDB is at
Answer
C. Gujarat
77
___________ is the apex financial institution for housing projects.
Answer
A. NHB
78
Which was the first committee on co-operation in India ?
Answer
C. Maclagan Committee
79
____________ is the village community setup by Robert Owen.
Answer
A. New harmony
80
Who is the founder of first co-operative journal in the world 'Co- operator' ?
Answer
B. Dr. William King
81
__________ makes it possible to extract data from PDFs and photo and convert them to Excel, CSV and other formats.
Answer
A. OMR
82
A _______ identifies a location or a selection of text that you name and identify for future reference.
Answer
B. Bookmark
83
Which of the following indicates that the hard drive has failed ?
Answer
D. All of the above
84
Identify the incorrect statement related to MS Word.
Answer
C. The smallest font size available in the font size drop down list is 10
85
User communicates with the computer with the help of which device ?
Answer
D. Both 1 and 2
86
Which of the following statement is true. Statement 1 : Cache storage is very fast. Statement 2 : Cache storage is very cheap.
Answer
B. Statement 1 is true but statement 2 is false
87
Which of the following shortcuts is used to select a sentence in a paragraph in MS Word ?
Answer
C. Ctrl + click on a sentence to select it
88
Which software is used to assist a person who cannot use their hands for computer input ?
Answer
C. Voice recognition
89
What is the another name for a pre-programmed formula in Excel ?
Answer
C. Function
90
__________ allows you to create a new presentation and open an existing presentation.
Answer
B. Task pane
91
Which of the following statement is/are correct about foreign key ? i. It refers to the field in a table which is the primary key of another table. ii. Only one foreign key is allowed in a table. iii. Its value can be deleted from the child table. iv. The foreign key doesn't allow null values.
Answer
B. Only i and iii
92
Which of the following is/are DCL commands ?
Answer
C. All of these
93
Which of the following SELECT statements lists the highest retail price of all books in the NOVEL category ?
Answer
A. SELECT MAX(retail) FROM books WHERE category = 'NOVEL';
94
Choose the correct HTML tag to make a bulleted list
Answer
C.
    95
    Which of the following is/are correct about web browsers ? i. To provide an interface to the user for sending requests and fetching data / information from the web servers. ii.To ensure secure and safe access to websites. iii. The data accessed by a user frequently is stored by the web browsers in the form of cache. iv. The functionality of browsers can also be improved by adding extensions or plugins to the browser.
    Answer
    D. All the above
    96
    What will be the output of the following JavaScript code ?

    Answer
    C. 6
    97
    Which of the following feature is indicating code reusability in OOP ?
    Answer
    A. Inheritance
    98
    What will be the output of the following C++ code ? #include #include using namespace std; int main () { char str[6] = "PQR"; cout <
    Answer
    A. PQR
    99
    Which of the following is /are correct about VB.net ?
    Answer
    D. All of these
    100
    Which of the following is the correct syntax to declare a variable in VB.net ?
    Answer
    B. Dim a As Integer = 2

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