McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
| 51. |
The first society was registered by the name is the present Kerala State Co-operative Bank. |
| A. | trivandrum central co-operative bank ltd |
| B. | cochin central co-operative bank ltd |
| C. | travancore co-operative bank ltd |
| D. | edavanakkad service co-operative bank |
| Answer» C. travancore co-operative bank ltd | |
| 52. |
Travancore Cochin Co-operative Societies Act was passed in ……………… |
| A. | 1947 |
| B. | 1948 |
| C. | 1952 |
| D. | 1956 |
| Answer» C. 1952 | |
| 53. |
The Kerala State was formed in ……………. |
| A. | 1947 |
| B. | 1948 |
| C. | 1952 |
| D. | 1956 |
| Answer» D. 1956 | |
| 54. |
Madras Co-operative Societies Act was passed in …………….. |
| A. | 1921 |
| B. | 1928 |
| C. | 1932 |
| D. | 1936 |
| Answer» C. 1932 | |
| 55. |
. The Kerala Co-operative Societies Act was passed in ……………. |
| A. | 1969 |
| B. | 1964 |
| C. | 1947 |
| D. | 1967 |
| Answer» A. 1969 | |
| 56. |
The ……………………… was passed under the leadership of the then Diwan Sri. A. R. Banerje. |
| A. | travancore co-operative societies act |
| B. | madras co-operative societies act |
| C. | cochin co-operative societies act |
| D. | travancore cochin co-operative societies act |
| Answer» C. cochin co-operative societies act | |
| 57. |
The first taluk bank was registered in 1923 at …………… as per Travancore Co-operative Societies Act |
| A. | edavanakkad |
| B. | vaipinikara |
| C. | nagarcoil |
| D. | naively |
| Answer» C. nagarcoil | |
| 58. |
Travancore Credit Bank was organized in ……………….. |
| A. | 1938 |
| B. | 1946 |
| C. | 1957 |
| D. | 1960 |
| Answer» A. 1938 | |
| 59. |
As per Madras Co-operative Societies Act, at least ……… members are required to register a society. |
| A. | five |
| B. | seven |
| C. | ten |
| D. | fifteen |
| Answer» C. ten | |
| 60. |
Maximum number of shares for which a member was entitled was ……… of the total paid up share capital as per Madras Co-operative Societies Act. |
| A. | ½ |
| B. | 1/3 |
| C. | ¼ |
| D. | 1/5 |
| Answer» D. 1/5 | |
| 61. |
As per Madras Co-operative Societies Act, the audit of the societies must be done by ………….. |
| A. | secretary |
| B. | chairman |
| C. | chartered accountant |
| D. | registrar |
| Answer» D. registrar | |
| 62. |
Maximum amount of fine imposed shall be ………… as per Madras Co-operative Societies Act. |
| A. | rs. 500 |
| B. | rs. 1000 |
| C. | rs. 1500 |
| D. | rs. 200 |
| Answer» A. rs. 500 | |
| 63. |
KCSA stands for …………………….. |
| A. | kerala central societies act |
| B. | kerala co-operative societies act |
| C. | kerala consumer societies act |
| D. | kerala coir societies act |
| Answer» B. kerala co-operative societies act | |
| 64. |
………………….. is meant for hearing appeals against the orders, awards or decisions of the Registrar or arbitrator. |
| A. | co-operative arbitrator |
| B. | registrar |
| C. | co-operative tribunal |
| D. | circle union |
| Answer» C. co-operative tribunal | |
| 65. |
Section 81 deals with a special provision for the establishment of …………. |
| A. | co-operative arbitrator |
| B. | registrar |
| C. | co-operative tribunal |
| D. | circle union |
| Answer» C. co-operative tribunal | |
| 66. |
As per ……………… a new penal provision namely ‘Surcharge’ is imposed in the Act to deal wit the incidence of corruption, malpractices, misuse of powers etc. in a co-operative society. |
| A. | section 65 |
| B. | section 68 |
| C. | section 70 |
| D. | section 72 |
| Answer» B. section 68 | |
| 67. |
As per the Act, the minimum number of persons required for registering a co-operative society is fixed at …. |
| A. | ten |
| B. | fifteen |
| C. | twenty five |
| D. | fifty |
| Answer» C. twenty five | |
| 68. |
As per the KCSA societies shall be registered in the state with ……………… |
| A. | limited liability |
| B. | unlimited liability |
| C. | at their option |
| D. | all of these. |
| Answer» A. limited liability | |
| 69. |
……………. means a society having the whole of the state as its area of operation and having as its members only other societies with similar objects and declared as such by the Registrar. |
| A. | circle co-operative union |
| B. | apex society |
| C. | federal co-operative society |
| D. | central society |
| Answer» B. apex society | |
| 70. |
. ……………… means a society having jurisdiction over one or more Revenue Districts but not the whole of the State as its area of operation and having as its members only other societies and declared as such by the Registrar or the government. |
| A. | circle co-operative union |
| B. | apex society |
| C. | federal co-operative society |
| D. | central society |
| Answer» D. central society | |
| 71. |
. ………………… means a society having more than one district as its area of operation and having individuals and other co-operative societies. |
| A. | circle co-operative union |
| B. | apex society |
| C. | federal co-operative society |
| D. | central society |
| Answer» C. federal co-operative society | |
| 72. |
…………… means the governing body of a co-operative society by whatever name called, to which the management of the affairs of the society is entrusted |
| A. | society |
| B. | committee |
| C. | registrar |
| D. | government |
| Answer» B. committee | |
| 73. |
. …………….. means a co-operative society having as its members only other co-operative societies and the main object of which is to raise money and lend the sum to its members. |
| A. | financing bank |
| B. | circle co-operative union |
| C. | central society |
| D. | apex society |
| Answer» A. financing bank | |
| 74. |
. …………….. means a member who posses only such privileges and rights of a member who is subjected only to such liabilities of a member as may be specified in the Bye-laws. |
| A. | member |
| B. | associate member |
| C. | past member |
| D. | none of these |
| Answer» B. associate member | |
| 75. |
General Body is defined in the Act under …………… |
| A. | section 27 |
| B. | section 28 |
| C. | section 29 |
| D. | section 30 |
| Answer» A. section 27 | |
| 76. |
………….. is the supreme and final authority of a co-operative society. |
| A. | government |
| B. | the general body |
| C. | registrar |
| D. | secretary |
| Answer» B. the general body | |
| 77. |
…………… is not allowed in the general body meeting of societies. |
| A. | associate member |
| B. | past member |
| C. | proxy |
| D. | none of these |
| Answer» C. proxy | |
| 78. |
Usually the ……………. convenes the general body meeting. |
| A. | government |
| B. | the general body |
| C. | managing committee |
| D. | registrar |
| Answer» C. managing committee | |
| 79. |
………. will convene the general body meeting, if the managing committee fails to convene the meeting. |
| A. | government |
| B. | the general body |
| C. | registrar |
| D. | secretary |
| Answer» C. registrar | |
| 80. |
Representative general body may be constituted where the area of society is one or more ………….. |
| A. | states |
| B. | taluks |
| C. | districts |
| D. | villages |
| Answer» B. taluks | |
| 81. |
Managing Committee is defined under ……………….. |
| A. | section 27 |
| B. | section 28 |
| C. | section 29 |
| D. | section 30 |
| Answer» B. section 28 | |
| 82. |
The general body of a society shall constitute a committee for period not exceeding ……….. years |
| A. | three |
| B. | four |
| C. | five |
| D. | seven |
| Answer» C. five | |
| 83. |
The maximum number of members of the committee shall not exceed …….. in the case of primary societies |
| A. | fifteen |
| B. | twenty |
| C. | twenty five |
| D. | fifty |
| Answer» A. fifteen | |
| 84. |
The maximum number of members of the committee shall not exceed ………. in the case of societies other than primary societies. |
| A. | fifteen |
| B. | twenty |
| C. | twenty five |
| D. | fifty |
| Answer» C. twenty five | |
| 85. |
In the case of federal society, number of individuals in the society and the committee there of shall not exceed …………… of the total number of members in the society. |
| A. | 10% |
| B. | 15% |
| C. | 20% |
| D. | 25% |
| Answer» D. 25% | |
| 86. |
The adhoc committee will be in power for a period of ………………. months from the date of registration. |
| A. | two |
| B. | three |
| C. | six |
| D. | five |
| Answer» B. three | |
| 87. |
The State Co-operative Election Commission is formed as per …………. |
| A. | section 28a |
| B. | section 28b |
| C. | section 28c |
| D. | section 28d |
| Answer» B. section 28b | |
| 88. |
The State Co-operative Election Commission shall be appointed by the government for a period of …… years. |
| A. | two |
| B. | three |
| C. | six |
| D. | five |
| Answer» D. five | |
| 89. |
The committee shall meet at least ………. in advance and pass a resolution fixing the date, time and place for the conduct of election of the new committee. |
| A. | 21 days |
| B. | 14 days |
| C. | 30 days |
| D. | 60 days |
| Answer» D. 60 days | |
| 90. |
The …………… may appoint a returning officer for the conduct of the election. |
| A. | government |
| B. | the general body |
| C. | registrar |
| D. | secretary |
| Answer» C. registrar | |
| 91. |
Every nomination paper on election of committee shall be signed by ………. members whose names are included in the list of members. |
| A. | two |
| B. | three |
| C. | four |
| D. | five |
| Answer» A. two | |
| 92. |
The minimum number of persons to be present at the general, managing committee or sub-committee is called…………. |
| A. | agenda |
| B. | minutes |
| C. | roll |
| D. | quorum |
| Answer» D. quorum | |
| 93. |
The quorum for the general body meeting is usually ………. of the total number of members or a fixed number, whichever is less. |
| A. | 1/3 |
| B. | ¼ |
| C. | 1/5 |
| D. | 1/6 |
| Answer» C. 1/5 | |
| 94. |
The notice of a meeting should contain a statement of the business to be transacted at the meeting of the society which is called as…………. |
| A. | agenda |
| B. | minutes |
| C. | roll |
| D. | quorum |
| Answer» A. agenda | |
| 95. |
The …………. of a meeting are a written record of the proceedings of the meeting. |
| A. | agenda |
| B. | minutes |
| C. | roll |
| D. | quorum |
| Answer» B. minutes | |
| 96. |
Minutes are prepared by the ……………… after the meeting is over. |
| A. | chairman |
| B. | president |
| C. | registrar |
| D. | secretary |
| Answer» D. secretary | |
| 97. |
A general body meeting of society shall be held …… in every year |
| A. | once |
| B. | twice |
| C. | three times |
| D. | four times |
| Answer» A. once | |
| 98. |
A general body meeting of society shall be held for the purpose of………….. |
| A. | approval of the budget |
| B. | election of the committee |
| C. | disposal of net profit |
| D. | all of these |
| Answer» D. all of these | |
| 99. |
The government have the right to nominate not more than …………… persons on the committee of an apex or central society |
| A. | two |
| B. | three |
| C. | four |
| D. | five |
| Answer» B. three | |
| 100. |
Resignation of committee members both elected and nominated shall be tendered to the …………….. |
| A. | president |
| B. | vice president |
| C. | registrar |
| D. | secretary |
| Answer» A. president | |
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