| Post Name | REVISED FINAL KEY - JUNIOR INSPECTOR OF CO-OPERATIVE SOCIETIES - CO-OPERATION |
|---|---|
| Question Paper Code | 008/2020 |
| Date of Test | 1 February 2020 |
| Medium of Question | ENGLISH |
| Exam Type | OMR Examination |
| Total Questions | 100 |
1
The main object of forming a co-operative society is to :
Answer
B. Economic welfare of members
2
Chairman of CAPE
Answer
C. o-operative Academy of Professional Education) in Kerala is :
3
Form Number used to create Gehan :
Answer
A. Form 8A
4
There have been incidences where elections have been postponed indefinitely;
nominated office bearers have remained in-charge of these institutions for a long
time resulting reduction in the accountability of co-operative societies to their
members.
Answer
C. 2 and 3
5
The President of a Co-operative Society is :
Answer
B. Officer
6
Co-operation is included in the ————– schedule of Indian Constitution.
Answer
C. VII
7
The “Operation Flood Programme” was implemented through :
Answer
B. NDDB
8
The Multi-State Cooperative Societies Act 2002 of India has incorporated ————– in its
second schedule.
Answer
D. None of the above
9
In December 2009, the United Nations declared ————– year as the International Year of
Co-operatives.
Answer
A. 2012
10
The headquarters of International Co-operative Alliance (ICA) was shifted to Brussels in
Belgium :
Answer
D. 2013
11
————– is a Multi-state Co-operative society engaged in the business of manufacturing and
marketing of fertilizers.
Answer
B. IFFCO
12
The Red colour in the Co-operative Flag of International Co-operative Alliance (ICA) stands
for ————– of Co-operatives.
Answer
D. Courage
13
————– is an apex organization founded on the birthday of Mahatma Gandhi on
2nd October 1958.
Answer
A. NAFED
14
PACS in Co-operation stands for :
Answer
A. Primary Agricultural Credit Society
15
LAMPS stands for :
Answer
C. Large Sized Adivasi Multipurpose Cooperative Societies
16
Societies exempted from the payment of audit fees under Rule 65(3) :
Answer
D. All of these
17
The Registrar shall make an order for the cancellation of the registration of the society
under :
Answer
D. Section 75
18
The government have the right to nominate not more than ————– persons on the
committee of an apex or central society.
Answer
A. Two
19
————– is based on the principle of self interest, maximization of profits and exploitation.
Answer
B. Capitalism
20
Which one of the following is related to Sri. Choudhary Brahm Prakash?
Answer
D. All of these
21
Multi State Cooperative Societies Act 2002 was enacted with the objective :
Answer
D. All of these
A 5 008/2020
22
The centennial year of the Indian cooperative movement :
Answer
C. 2004
23
The Expert Group on Agricultural Indebtedness was set up in August 2006 under the
chairmanship of :
Answer
A. R. Radhakrishna
24
Education Fund of every co-operative society has to be paid within ————– months from
the date of receipt of Audit Certificate.
Answer
B. 2
25
Collective management is realized by the co-operative organization through :
Answer
Question Cancelled
26
Which of the following is not a Co-operative federation in India :
Answer
B. MOTHER DIARY
27
Founder of the first Co-operative Journal “The Co-operator” :
Answer
C. Dr. William King
28
Which one of the following is correctly matched?
Answer
D. Application for registration of cooperative societies [Sec. 6]
29
Part of Banking Regulation Act applicable for Co-operative Societies :
Answer
C. Part V
30
————– is an officer/person appointed under section 68 A of Kerala Cooperative Societies
Act.
Answer
B. Arbitrator
31
Co-operation become a state subject from ————– onwards.
Answer
B. 1919
32
Vikhe Patil Committee was appointed by the Government of India in :
Answer
A. 2001
33
The first General Body meeting of a Co-operative Society has to be convened within
————– days from the date of registration.
Answer
B. 90 days
34
International Co-operative Day is celebrated in every year on :
Answer
A. 1st Saturday of July
35
There is similarity between Co-operation and Capitalism in respect of :
Answer
C. Holding of private property
36
The section of Kerala Co-operative Societies Act which provides protection to the share
capital and other interest of a member in a society from the attachment and sale in execution
of a decree :
Answer
C. Section 39
37
Co-operative movement and development in India is the outcome of :
Answer
C. Initiatives taken by the Government
38
State Co-operative Election Commission is constituted under section :
Answer
A. Section 28B
39
All India Rural Credit Review Committee was established by Reserve Bank of India in :
Answer
C. 1970
40
NABARD is
Answer
B. Development Bank
41
The Structure of Co-operative Urban bank in Kerala is :
Answer
A. Single tier
42
The General Council of NCDC consists of ————– members.
Answer
C. 51
43
The reasons for the 97‘6 Constitutional Amendment Act of 2011 are
1. Over the years, the co-operative sector has made significant contribution to
various sectors of national economy
2. It has achieved large growth
3. But, it has shown weaknesses in safeguarding the interests of the members and
fulfillment of objects for which these institutions were organized
4. There have been incidences where elections have been postponed indefinitely;
nominated office bearers have remained in-charge of these institutions for a long
time resulting reduction in the accountability of co-operative societies to their
members.
Answer
D. All of the above
44, Which Article in Indian Constitution make the formation of co-operative society a
fundamental right of Indian citizen?
44
Which Article in Indian Constitution make the formation of co-operative society a
fundamental right of Indian citizen?
Answer
A. 19(
45
Power to make rules as per Kerala Co-operative Societies Act is vested on :
Answer
A. Government
46
————– was the Chairman of High Powered Committee on Co-operatives appointed by
Government of India in 2009.
Answer
A. Shivaji Rao Patil
47
An officer who executes the award is called :
Answer
A. Sale Officer
48
Chairman of the Kerala Co-operative Information Bureau Advisory Committee :
Answer
A. Secretary, Co-operative Department
49
Surcharge is levied under section ————– of the Kerala Co-operative Societies Act?
Answer
B. 68
50
The National Co-operative Housing Federation of India was founded in the year
Answer
B. 1969
51
The security for long term loan not include :
Answer
B. Pledge of goods
52
Bridge loans which are provided to the Industrial undertaking for :
Answer
C. Meeting short term urgent needs
53
Capital adequacy is one of the pillars of ————– norms for good governance.
Answer
B. Basel
54
IFSC consists of total alpha-numeric number of :
Answer
B. 11
55
The market for short term loans is called :
Answer
D. Money market
56
Expand CTS :
Answer
D. Cheque Truncation System
57
Which card is issued by National Payment Corporation of India :
Answer
C. Rupay Debit Card
58
The NBFC are allowed to accept public deposit for a maximum period of :
Answer
D. 60 Months
59
The rate of interest in the call money market is determined by :
Answer
A. Lenders and borrowers
60
The drawer of a cheque is mention the date subsequent to the date on which it is drawn; it is
called :
Answer
B. Post dated Cheque
61
Demonetisation of Bank notes 500 and 1,000 was announced on :
Answer
D. 2016 November 8
62
The most suitable deposit scheme for traders :
Answer
C. Current Deposit
63
The document drawn by the debtor contains unconditional undertaking to pay the money to
the creditor :
Answer
A. Promissory Note
64
If Cheque is not crossed, it is called :
Answer
C. Open Cheque
65
The appropriation takes place in ————– order according to Claytons Case.
Answer
C. Chronological Order
66
Banking institution proving long term loans are :
Answer
A. Investment banks
67
The Security which hold stability in its Price :
Answer
D. Govt. Bonds
68
The higher Cash reserve ratio will lead to :
Answer
B. Lower Volume of Credit
69
The priority sector lending not include :
Answer
C. Large Scale Industries
70
During the period of inflation the RBI ————– the securities in the open market.
Answer
C. Sells
71
The activities of Agricultural Credit department is handled by :
Answer
A. NABARD
72
The Reserve Bank of India started it function on :
Answer
D. 1935
73
The following is not a Nationalized bank :
Answer
Question Cancelled
74
Demand Draft is issued by :
Answer
A. Bank
75
ECS Means :
Answer
D. Electronic Clearing Service
76
The relationship between the customer and the banker in case of deposit :
Answer
B. Debtor and creditor
77
Total number of banks Nationalised in 1969 :
Answer
C. 14
78
The management of account receivable of the exporter or manufacturer is known as :
Answer
C. Factoring Service
79
The bank which meet the long term requirement of agriculturalists :
Answer
A. Land Development Bank
80
The major players in Indian Money market :
Answer
D. Commercial Banks
81
Which of the following is not a external cause for NPA :
Answer
A. Poor credit appraisal system of bank
82
The Non performing Assets which cannot be recovered is termed as :
Answer
C. Loss assets
83
SARFAESI Act 2002 came into force :
Answer
A. To manage NPA
84
An organization underwrite the securities of corporate entity :
Answer
C. Merchant Bank
85
Licensing to banking companies is given under ___________ section of banking regulation Act
1949.
Answer
B. Section 22
86
The expenses of special audit of a Banking Company specified in the order made by the
Reserve Bank shall be borne by :
Answer
A. The banking company
87
As per PMJJBY scheme on the death of insured, risk coverage available is :
Answer
A. 2,00,000
88
Under Atal Pension Yojana, the guaranteed pension receivable at the age of :
Answer
C. 60 Years
89
The right of setoff means :
Answer
D. Right to combine
90
The banker’s Lien is always :
Answer
A. General Lien
91
Input and Output devices such as monitors and keyboards are classified as :
Answer
C. peripheral devices
92
Two type of memories ‘RAM’ and ‘ROM’ are part of :
Answer
B. main memory
93
Examples of system programs includes :
Answer
D. all of above
94
Program provides users with grid of rows and columns is classified as :
Answer
B. spreadsheet
95
ISP stands for :
Answer
A. Internet Service Provider
96
A device which is used to boost the signal between two cable segments or wireless access
points is :
Answer
Question Cancelled
97
The process of transferring files from a computer on the Internet to your computer is called :
Answer
D. Downloading
98
Which one of the following is not used to generate dynamic web pages?
Answer
D. None of the mentioned
99
The computer jargon - WWWW, stands for :
Answer
A. World Wide Web Worm
100
What is the updated version of the IT Act, 2000?
Answer
C. IT Act, 2008
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