COOP BANK RANK FILE - SECTION A
This Section is Prepared by maya on line hub
Maya Coaching Center , Valapad , Thrissur, Kerala, India
Question1:-In which category, the subject “Co-operative Societies” is included in the Constitution.
A:-Central List
B:-State List
C:-Concurrent List
D:-None of the above
Correct Answer:- Option-B
Question2:-Who is known as the Father of Co-operative Movement?
A:-Robert Owen
B:-Frederic Nicolson
C:-Raiffeisen
D:-None of these
Correct Answer:- Option-A
Question3:-The final authority of a society is vested in
A:-Government
B:-Managing Committee
C:-General Body
D:-Registrar
Correct Answer:- Option-C
Question4:-Consortium Lending Scheme was framed under Section ____________ of KCS Act.
A:-56A
B:-57A
C:-57B
D:-57C
Correct Answer:- Option-D
Question5:-The Government have the right to nominate __________ persons to the committee of an assisted apex or central society.
A:-Not more than 2 persons
B:-Not more than 3 persons
C:-Only 2 persons
D:-Only 3 persons
Correct Answer:- Option-A
Question6:-Registrar of Co-operative Societies can appoint an administrator in a society, if the committee fails to hold its regular meeting consecutively for ____
A:-3
B:-4
C:-5
D:-6
Correct Answer:- Option-D
Question7:-A special charge on movable/immovable property in favour of a bank by a mere declaration in writing by the borrower.
A:-Mortgage Deed
B:-Gehan
C:-Encumbrance Certificate
D:-None of the above
Correct Answer:- Option-B
Question8:-The minimum number of members whose presence is necessary to constitute the quorum of a committee of a primary society.
A:-6
B:-10
C:-7
D:-8
Correct Answer:- Option-C
Question9:-The year declared as “International Year of Co-operatives” by UN.
A:-2010
B:-2012
C:-2015
D:-2000
Correct Answer:- Option-B
Question10:-Vigilance Officer is appointed under Section ___________ KCS Act.
A:-68A
B:-57A
C:-57B
D:-57C
Correct Answer:- Option-A
Question11:-How much amount is retained as Co-operative Member Relief Fund from the net profit of a society?
A:-15%
B:-5%
C:-10%
D:-7%
Correct Answer:- Option-C
Question12:-The liquidator shall complete the winding up proceedings within a period of ________ from the date of his appointment.
A:-5 years
B:-10 years
C:-15 years
D:-3 years
Correct Answer:- Option-D
Question13:-The thing which was not sold in the Store run by Rochdale Pioneers
A:-Butter
B:-Wheat
C:-Candles
D:-Sugar
Correct Answer:- Option-B
Question14:-“Each for all and all for each” principle was introduced by
A:-Robert Owen
B:-Raiffeisen
C:-Frederic Nicolson
D:-None of these
Correct Answer:- Option-B
Question15:-The motto of Co-operatives which is not correct?
A:-Profit and Service
B:-Income and education
C:-Service and Industrial Promotion
D:-All of the above
Correct Answer:- Option-D
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