McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
| 1. |
Co-operative movement originated first in_______________________. |
| A. | Spain |
| B. | France |
| C. | England |
| D. | Germany |
| Answer» C. England | |
| 2. |
The Co-operative Societies Act was passed in India in the year________________. |
| A. | 1911 |
| B. | 1912 |
| C. | 1913 |
| D. | 1914 |
| Answer» B. 1912 | |
| 3. |
„One man one vote‟ principle was recommended by ______________ Committee. |
| A. | Minto Morley |
| B. | Gorwala |
| C. | Mac Lagan |
| D. | Montague Chelmsford |
| Answer» C. Mac Lagan | |
| 4. |
Apex Society means ______________ level society. |
| A. | State |
| B. | Village |
| C. | District |
| D. | National |
| Answer» C. District | |
| 5. |
Which of the following organizational structure is followed by Co-operatives in India? |
| A. | Federal Structure |
| B. | Unitary Structure |
| C. | Centralized Structure |
| D. | Decentralized Structure |
| Answer» A. Federal Structure | |
| 6. |
Co-operation is included in the _____________ schedule of Indian Constitution. |
| A. | V |
| B. | VI |
| C. | VII |
| D. | IX |
| Answer» C. VII | |
| 7. |
The Head office of NCDC is at____________________ |
| A. | Delhi |
| B. | Mumbai |
| C. | Calcutta |
| D. | Chennai |
| Answer» A. Delhi | |
| 8. |
What is the meaning of the word "Co-operari"? |
| A. | Self-help and mutual help |
| B. | Working together |
| C. | All for one and one for all |
| D. | Each for all and all for each |
| Answer» B. Working together | |
| 9. |
The objective of co-operative society is__________________. |
| A. | Service |
| B. | Profit |
| C. | Self help |
| D. | Mutual help |
| Answer» A. Service | |
| 10. |
______________ is a Golden means between ____________ and _______________. |
| A. | Co-operation, Capitalism, Socialism |
| B. | Co-operation ,Socialism, Communism |
| C. | Co-operation, Communism, Capitalism |
| D. | All of the above |
| Answer» A. Co-operation, Capitalism, Socialism | |
| 11. |
The first co-operative society came into being in the year__________________. |
| A. | 1670 |
| B. | 1760 |
| C. | 1860 |
| D. | 1680 |
| Answer» B. 1760 | |
| 12. |
The first successfully co-operative society started in the year _______________. |
| A. | 1744 |
| B. | 1944 |
| C. | 1844 |
| D. | 1744 |
| Answer» C. 1844 | |
| 13. |
The International Co-operative Alliance (ICA) appointed a sub-committee in ________________ for the first reformulation of Principles of Co-operative Sector. |
| A. | 1934 |
| B. | 1934 |
| C. | 1964 |
| D. | 1944 |
| Answer» A. 1934 | |
| 14. |
Which principle is not included in ICA-1995? |
| A. | Voluntary and open membership |
| B. | Limited interest on share capital |
| C. | Democratic member control |
| D. | Co-operation among co-operatives |
| Answer» B. Limited interest on share capital | |
| 15. |
The “Rochdale Friendly Cooperative Society” was formed in _________________. |
| A. | 1830 |
| B. | 1930 |
| C. | 1730 |
| D. | 1630 |
| Answer» A. 1830 | |
| 16. |
The Cooperative Credit Societies Act was passed in __________________. |
| A. | 1901 |
| B. | 1902 |
| C. | 1903 |
| D. | 1904 |
| Answer» D. 1904 | |
| 17. |
The Cooperative Societies Act was passed in ____________________. |
| A. | 1911 |
| B. | 1912 |
| C. | 1913 |
| D. | 1914 |
| Answer» B. 1912 | |
| 18. |
The term co-operation as an institution and an enterprise related to _____________. |
| A. | Service provider |
| B. | Profit earning |
| C. | Both A and B |
| D. | None of this |
| Answer» C. Both A and B | |
| 19. |
Democratic control in co-operative means__________________. |
| A. | Control by member user |
| B. | Government control |
| C. | Control by registrar |
| D. | Board of director |
| Answer» A. Control by member user | |
| 20. |
__________________ Committee suggested the formation of National Level Cooperative Bank. |
| A. | Khushro Committee |
| B. | Planning Commission |
| C. | Saraiya Committee |
| D. | None of this |
| Answer» A. Khushro Committee | |
| 21. |
Headquarters of NDDB (National Dairy Development Board) is at ____________. |
| A. | Anand |
| B. | Delhi |
| C. | AMUL |
| D. | None of this |
| Answer» C. AMUL | |
| 22. |
A society having a Village as its area of operation known as__________________. |
| A. | Primary Society |
| B. | Apex Society |
| C. | Central Society |
| D. | All of the above |
| Answer» A. Primary Society | |
| 23. |
A society having a state as its area of operation and other society as its member is known as __________________________. |
| A. | Primary Society |
| B. | Apex Society |
| C. | Both A and B |
| D. | All of the above |
| Answer» B. Apex Society | |
| 24. |
________________ is known as dairy farm of Europe. |
| A. | China |
| B. | USA |
| C. | Denmark |
| D. | Japan |
| Answer» C. Denmark | |
| 25. |
Example of non-agricultural credit society is _____________________. |
| A. | Farmers Service Society |
| B. | Service Co-operative Bank |
| C. | Urban co-operative Bank |
| D. | Primary Agricultural Society. |
| Answer» C. Urban co-operative Bank | |
| 26. |
Crop Loan means: ________________________ |
| A. | Loan on the basis of crop |
| B. | Long term loans |
| C. | No security loan |
| D. | Medium term loan |
| Answer» A. Loan on the basis of crop | |
| 27. |
The „Operation Flood‟ programmee was started on ___________________. |
| A. | 1 June, 1947 |
| B. | 26 January, 1950 |
| C. | 1 July, 1970 |
| D. | 2 October, 1972 |
| Answer» C. 1 July, 1970 | |
| 28. |
„Operation Flood‟ Programme is related to organizing __________________ through the country. |
| A. | Dairy Co-operatives |
| B. | Agriculture Co-operatives |
| C. | Sericulture Co-operatives |
| D. | Fisheries Co-operatives |
| Answer» A. Dairy Co-operatives | |
| 29. |
NCHF stands for ____________________________. |
| A. | National Credit Housing Federation |
| B. | National Cooperative Housing Federation of India |
| C. | National Consumer Housing Federation |
| D. | National Cooperative Housing Finance |
| Answer» B. National Cooperative Housing Federation of India | |
| 30. |
NAFED stands for _____________________________. |
| A. | National Agricultural Cooperative Marketing Federation |
| B. | National Agricultural and Fisheries Marketing Federation |
| C. | National Association of Fisheries Marketing Federation |
| D. | National Apex Federation |
| Answer» A. National Agricultural Cooperative Marketing Federation | |
| 31. |
SCARDB stands for _______________________________. |
| A. | State Cooperative Agriculture and Rural Development Banks |
| B. | State Credit and Rural Development Banks |
| C. | State Cooperative and Rural Development Banks |
| D. | State Credit and Rural Data Bank |
| Answer» A. State Cooperative Agriculture and Rural Development Banks | |
| 32. |
PACS stand for _____________________________. |
| A. | Primary Agricultural Cooperative Society |
| B. | Primary Association of Credit Societies |
| C. | Primary Agricultural Credit Society |
| D. | Primary Association of Credit Societies |
| Answer» A. Primary Agricultural Cooperative Society | |
| 33. |
NABARD stands for ________________________________. |
| A. | National Bank For Agriculture And Road Development |
| B. | National Bank For Agriculture And Rural Development |
| C. | National Board For Agriculture And Rural Development |
| D. | None of this |
| Answer» B. National Bank For Agriculture And Rural Development | |
| 34. |
The NABARD was Established in ________________. |
| A. | 1980 |
| B. | 1983 |
| C. | 1903 |
| D. | 1982 |
| Answer» D. 1982 | |
| 35. |
The Head office of NABARD is at________________ |
| A. | Delhi |
| B. | Mumbai |
| C. | Bangalore |
| D. | Hyderabad |
| Answer» B. Mumbai | |
| 36. |
The NABARD is related to________________ |
| A. | Mining Sector |
| B. | Agriculture and Rural Development Sector |
| C. | Banking Sector |
| D. | None of this |
| Answer» B. Agriculture and Rural Development Sector | |
| 37. |
What is the full form of NCDC is _____________________________. |
| A. | National Co-operative Development Co-operation |
| B. | National Cooperative Dairy Corporation |
| C. | National Co-operative Development Campaign |
| D. | National Consumers Development Corporation |
| Answer» A. National Co-operative Development Co-operation | |
| 38. |
What is the area of operation of Primary Agriculture Co-operative Societies? |
| A. | Village level |
| B. | District level |
| C. | Municipality level |
| D. | All of this. |
| Answer» A. Village level | |
| 39. |
What is the area of operation of District Co-operative Society? |
| A. | Village level |
| B. | District level |
| C. | Municipality level |
| D. | None of this |
| Answer» B. District level | |
| 40. |
Who are the members of Primary Agriculture Co-operative Societies? |
| A. | Businessmen‟s |
| B. | Bankers |
| C. | Farmers |
| D. | All of the above. |
| Answer» C. Farmers | |
| 41. |
Who are the members of District Co-operative Societies? |
| A. | PACSs- Primary Agricultural Co-operative Societies |
| B. | Bankers & Businessmen‟s |
| C. | Small and medium Farmers |
| D. | All of the above. |
| Answer» A. PACSs- Primary Agricultural Co-operative Societies | |
| 42. |
The Urban Credit Cooperatives are also commonly known as ___________________. |
| A. | Urban Cooperative Banks |
| B. | Cooperative Banks |
| C. | National Banks |
| D. | None of the above |
| Answer» A. Urban Cooperative Banks | |
| 43. |
The National Agricultural Cooperative Marketing Federation (NACMF) was established in __________________. |
| A. | 1965 |
| B. | 1955 |
| C. | 1970 |
| D. | 1958 |
| Answer» D. 1958 | |
| 44. |
The Urban cooperative banks, salary earners societies, thrift and credit societies are examples of _____________________. |
| A. | Agricultural credit societies |
| B. | Non-Agricultural credit societies |
| C. | Both A and B |
| D. | None of the above |
| Answer» B. Non-Agricultural credit societies | |
| 45. |
The headquarters of International co-operative Alliance is at ____________________. |
| A. | USA |
| B. | Britain |
| C. | Geneva |
| D. | England |
| Answer» C. Geneva | |
| 46. |
The Rules and Regulations of Co-operative Society are formed in its ______________. |
| A. | Co-operative Act |
| B. | Co-operative Rules |
| C. | By laws |
| D. | General Body |
| Answer» A. Co-operative Act | |
| 47. |
ICAO stands for _________________________________. |
| A. | International Cooperative Agricultural Organization |
| B. | International Cooperative Aquaculture Organization |
| C. | International Civil Aviation Organization |
| D. | International Cooperative Arts Organization |
| Answer» A. International Cooperative Agricultural Organization | |
| 48. |
ICAO was Established in ____________________ |
| A. | 1950 |
| B. | 1980 |
| C. | 1983 |
| D. | 1895 |
| Answer» D. 1895 | |
| 49. |
The Headquarter of ICAO is at ____________________ |
| A. | USA |
| B. | Geneva |
| C. | Brussels |
| D. | Delhi |
| Answer» C. Brussels | |
| 50. |
The first (1st) Co-operative Sugar Factory was started in Maharashtra? |
| A. | 1950 |
| B. | 1980 |
| C. | 1983 |
| D. | 1895 |
| Answer» A. 1950 | |
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