McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
| 51. |
In the ……………..five year plan the Central Committee for Cooperative Training was established |
| A. | first |
| B. | second |
| C. | third |
| D. | fourth |
| Answer» B. second | |
| 52. |
In …………….the National Cooperative Development Corporation(NCDC) was established for strengthening the cooperative activities. |
| A. | 1961 |
| B. | 1962 |
| C. | 1963 |
| D. | 1964 |
| Answer» C. 1963 | |
| 53. |
Expand NCDC |
| A. | national cooperative development corporation |
| B. | national cooperative dairy corporation |
| C. | national consumers development corporation |
| D. | national consumers dairy cooperative |
| Answer» A. national cooperative development corporation | |
| 54. |
In the ……………….five year plan the All India Rural Credit Review Committee was set up. |
| A. | first |
| B. | second |
| C. | third |
| D. | fourth |
| Answer» D. fourth | |
| 55. |
In 1970 the Reserve bank of India set up the ………………for the review of rural credit system. |
| A. | all india rural credit review committee |
| B. | national cooperative development corporation |
| C. | committee of direction of the rural credit survey |
| D. | all of the above |
| Answer» A. all india rural credit review committee | |
| 56. |
The …………….Committee constituted to Review the Arrangements for Institutional Credit for Agriculture and Rural Development in 1981, recommended the establishment of NABARD. |
| A. | sivaraman |
| B. | sir maclagan |
| C. | khusro |
| D. | brahm prakash |
| Answer» A. sivaraman | |
| 57. |
The Sivaraman Committee constituted to Review the Arrangements for Institutional Credit for Agriculture and Rural Development in 1981, recommended the establishment of…………….. |
| A. | nabard |
| B. | ncdc |
| C. | ncui |
| D. | all of the above |
| Answer» A. nabard | |
| 58. |
The Sivaraman Committee was constituted in the …………..five year plan and it recommended the establishment of NABARD. |
| A. | second |
| B. | fourth |
| C. | sixth |
| D. | eighth |
| Answer» C. sixth | |
| 59. |
The ………………….committee was appointed by the Planning Commission of India to prepare a Model Cooperative Bill. |
| A. | sivaraman |
| B. | sir maclagan |
| C. | khusro |
| D. | brahm prakash |
| Answer» D. brahm prakash | |
| 60. |
In India cooperative legislation started in ………….. |
| A. | 1904 |
| B. | 1912 |
| C. | 1901 |
| D. | 1882 |
| Answer» A. 1904 | |
| 61. |
The shortcomings in the Act of 1904 was removed by another legislation known as…………. |
| A. | cooperative societies act of 1912. |
| B. | the model cooperative act |
| C. | constitution amendment bill |
| D. | none of these |
| Answer» A. cooperative societies act of 1912. | |
| 62. |
The ……………committee,1945 observed that the Act of 1912 needed revision in certain respects and recommended that the provinces in which the cooperative societies act of 1912 was in force should pass special acts keeping in view their past experience and the future needs of the movement. |
| A. | sivaraman |
| B. | sir maclagan |
| C. | khusro |
| D. | saraiya |
| Answer» D. saraiya | |
| 63. |
………………..committee recommended that a specific provision be made in the existing Act of 1912 enabling rural societies to change their liability from unlimited to limited. |
| A. | sivaraman |
| B. | sir maclagan |
| C. | khusro |
| D. | saraiya |
| Answer» D. saraiya | |
| 64. |
The report submitted by the ………………….. consisted of two volumes: the first contained Model Cooperative Societies Bill and Rules and the second volume contained model bye-laws for various types of societies. |
| A. | committee on cooperative law in 1955 |
| B. | committee of direction of all india rural credit survey 1954 |
| C. | saraiya committee |
| D. | none of the above |
| Answer» A. committee on cooperative law in 1955 | |
| 65. |
A novel form of cooperative organization known as Producer Company was introduced by amending the ………………….. |
| A. | companies act, 1956 |
| B. | companies act, 1913 |
| C. | cooperative societies act of 1904 |
| D. | cooperative societies act of 1912 |
| Answer» A. companies act, 1956 | |
| 66. |
A producer company, having a turnover of ………………or more shall have a whole time Secretary who shall be a member of the Institute of Company Secretaries of India. |
| A. | rs. 5 crore |
| B. | rs.2 crore |
| C. | rs. 1 crore |
| D. | rs. 10 crore |
| Answer» A. rs. 5 crore | |
| 67. |
The Multi-State Cooperative Societies Act 2002 of India has incorporated ………………………in its second schedule. |
| A. | cooperative values and principles |
| B. | cooperative values |
| C. | cooperative principles |
| D. | none of the above |
| Answer» A. cooperative values and principles | |
| 68. |
The Multi-State Cooperative Societies Act 2002 of India has incorporated Cooperative values and principles in its………….. schedule. |
| A. | first |
| B. | second |
| C. | third |
| D. | fourth |
| Answer» B. second | |
| 69. |
The ………………………………of India has incorporated Cooperative values and principles in its second schedule. |
| A. | the model cooperative act |
| B. | multi-state cooperative societies act 2002 |
| C. | cooperative societies act of 1904 |
| D. | cooperative societies act of 1912 |
| Answer» B. multi-state cooperative societies act 2002 | |
| 70. |
The Constitution Amendment Bill, ………….. was introduced with the objective of freeing the cooperatives from “unnecessary outside interference and also to ensure their autonomous oragisational set up and democratic functioning”. |
| A. | 2006 |
| B. | 2007 |
| C. | 2008 |
| D. | 2005 |
| Answer» A. 2006 | |
| 71. |
…………………….visited India in the capacity of a Cooperative Consultant to the Planning Commission under the Technical Cooperative Scheme of the Colombo Plan in 1957. |
| A. | sir malcom darling |
| B. | shri v.l. metha |
| C. | sir devzil ibbetson |
| D. | prof. horace belshaw |
| Answer» A. sir malcom darling | |
| 72. |
………………tried to reduce the sufferings of the people living in the rural areas of Germany. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | both of them |
| D. | none of these |
| Answer» A. f.w. raiffeisen | |
| 73. |
………………adopted new measures for giving relief to the people living in the urban areas of Germany. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | both of them |
| D. | none of these |
| Answer» B. herr franz schulze | |
| 74. |
F.W. Raiffeisen tried to reduce the sufferings of the people living in the…….. areas of Germany. |
| A. | rural |
| B. | urban |
| C. | metro |
| D. | none of these |
| Answer» A. rural | |
| 75. |
Herr Franz Schulzeadopted new measures for giving relief to the people living in the ……………areas of Germany. |
| A. | rural |
| B. | urban |
| C. | metro |
| D. | none of these |
| Answer» B. urban | |
| 76. |
…………….was a judge in his native town of Delitzsch. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» B. herr franz schulze | |
| 77. |
In 1849, ……………organized a friendly Society for Relief in Sickness and later established an association of shoe-makers for the purchase of raw materials. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» B. herr franz schulze | |
| 78. |
……………was the director of ‘ The General Union of German Industrial Societies’, till his death in 1883. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» B. herr franz schulze | |
| 79. |
……………,who contributed the maximum to the spread of the cooperative movement in Germany, was the Mayor of Weyerbusch. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» A. f.w. raiffeisen | |
| 80. |
…………., was a German who organized cooperative societies for providing credit to big farmers. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» C. dr. hass | |
| 81. |
……………..contributed the maximum to the spread of the cooperative movement in Germany. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» A. f.w. raiffeisen | |
| 82. |
………………organized a ‘Poor People’s Committee’ which provided food to the poor and reovered the loan after the expiry of the specific period. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» A. f.w. raiffeisen | |
| 83. |
A new society where poor people were members of the society was constituted by ……………., under the name of ‘Heddesdorf Credit Union,’ to give credit to deserving farmers and artisans for productive purposes. |
| A. | f.w. raiffeisen |
| B. | herr franz schulze |
| C. | dr. hass |
| D. | none of these |
| Answer» A. f.w. raiffeisen | |
| 84. |
A new society where poor people were members of the society was constituted by F.W. Raiffeisen, under the name of………………….., to give credit to deserving farmers and artisans for productive purposes. |
| A. | heddesdorf credit union |
| B. | heddesdorf beneficent society |
| C. | poor people’s committee |
| D. | the general union of german industrial societies |
| Answer» A. heddesdorf credit union | |
| 85. |
…………………………………… at Frankfurt is the apex institution and credit as well as non credit societies are affiliated to it. |
| A. | the german cooperative bank |
| B. | the german national bank |
| C. | national union of german agricultural cooperative |
| D. | none of the above |
| Answer» A. the german cooperative bank | |
| 86. |
The memorable phrase ‘each for all and all for each’ was coined when the ……………. was formed with the membership of poor people for poor farmers and artisans. |
| A. | heddesdorf credit union |
| B. | heddesdorf beneficent society |
| C. | poor people’s committee |
| D. | the general union of german industrial societies |
| Answer» A. heddesdorf credit union | |
| 87. |
………………..in Frankfurt is now the largest single retail organization in the Coop Group in Germany. |
| A. | coop ag |
| B. | coop dortmund konsumgenossenschaft eg |
| C. | coop schleswig-holstein eg |
| D. | coop store |
| Answer» A. coop ag | |
| 88. |
………………..is now the second retail organization in the Coop Group in Germany. |
| A. | coop ag |
| B. | coop dortmund konsumgenossenschaft eg |
| C. | coop schleswig-holstein eg |
| D. | coop store |
| Answer» B. coop dortmund konsumgenossenschaft eg | |
| 89. |
………………..in Kiel is now the third largest organization which accounts for 8% of overall coop business in Germany. |
| A. | coop ag |
| B. | coop dortmund konsumgenossenschaft eg |
| C. | coop schleswig-holstein eg |
| D. | coop store |
| Answer» C. coop schleswig-holstein eg | |
| 90. |
The trade unions and cooperatives jointly entered the life insurance field and …………………… was founded before the First World war to provide better and cheap insurance cover to the poor. |
| A. | ‘alte-volksfursorge’ |
| B. | federation of german trade unions |
| C. | central association of german consumers |
| D. | geg |
| Answer» A. ‘alte-volksfursorge’ | |
| 91. |
…………………is regarded as the father of Cooperation in England. |
| A. | robert owen |
| B. | dr. william king |
| C. | c.r.fay |
| D. | f.w. raiffeisen |
| Answer» A. robert owen | |
| 92. |
……………. was against all religions whereas ………….. openly advocated that cooperation must be based on Christianity. |
| A. | robert owen , dr. william king |
| B. | dr. william king, robert owen |
| C. | c.r.fay, robert owen |
| D. | dr. william king,f.w. raiffeisen |
| Answer» A. robert owen , dr. william king | |
| 93. |
The Rochdale Friendly Cooperative Society was formed in ……….. |
| A. | 1930 |
| B. | 1830 |
| C. | 1904 |
| D. | 1804 |
| Answer» B. 1830 | |
| 94. |
The …………………is the largest cooperative production organization in England and owns 200 factories. |
| A. | cooperative wholesale society |
| B. | rochdale society |
| C. | scottish cooperative wholesale society |
| D. | cooperative retails society |
| Answer» A. cooperative wholesale society | |
| 95. |
The ………………..is the largest cooperative enterprise in England. |
| A. | cooperative wholesale society |
| B. | rochdale society |
| C. | scottish cooperative wholesale society |
| D. | cooperative retails society |
| Answer» C. scottish cooperative wholesale society | |
| 96. |
The cooperative insurance, was started by the establishment of the …………. In Toad Lane in 1867 in England. |
| A. | cooperative insurance society |
| B. | cooperative wholesale society |
| C. | rochdale society |
| D. | scottish cooperative wholesale society |
| Answer» A. cooperative insurance society | |
| 97. |
A group of clergymen and lawyers who called themselves as ‘Christian Socialists’ existed from ………….to ………………in England. |
| A. | 1854 to 1864 |
| B. | 1848 to 1854 |
| C. | 1844 to 1848 |
| D. | 1834 to 1844 |
| Answer» B. 1848 to 1854 | |
| 98. |
……………is the homeland of agricultural cooperation in the World. |
| A. | britain |
| B. | germany |
| C. | denmark |
| D. | israel |
| Answer» C. denmark | |
| 99. |
One of the most interesting and essential features of the …………cooperative movement is its voluntary development. |
| A. | british |
| B. | german |
| C. | danish |
| D. | french |
| Answer» C. danish | |
| 100. |
……………has no cooperative legislation. |
| A. | britain |
| B. | germany |
| C. | denmark |
| D. | israel |
| Answer» C. denmark | |
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