110+ Legal FrameWork for Co-operatives Solved MCQs

1.

The Deccan Agricultural Relief Act was passed in ……………….

A. 1875
B. 1878
C. 1879
D. 1880
Answer» C. 1879
2.

The Land Improvement Loans Act was passed in ……………….

A. 1885
B. 1886
C. 1887
D. 1888
Answer» A. 1885
3.

The Agricultural Loans Act of 1884 was passed in ……………….

A. 1885
B. 1884
C. 1890
D. 1895
Answer» B. 1884
4.

The Taccavi laws are ………………………………

A. the deccan agricultural relief act & the land improvement loans act
B. the deccan agricultural relief act & the agricultural loans act
C. the land improvement loans act & the agricultural loans act
D. all of these
Answer» C. the land improvement loans act & the agricultural loans act
5.

In 1901 …………………. Commission recommended the starting f co- operative credit -societies to tackle the problem of rural farmers

A. mehta commission
B. varma commission
C. famine commission
D. none of these
Answer» C. famine commission
6.

The first Co-operative Credit Societies Act was passed in ………………

A. 1901
B. 1902
C. 1903
D. 1904
Answer» D. 1904
7.

………………. Was the first Co-operative Societies Act in India.

A. the deccan agricultural relief act
B. the land improvement loans act
C. the agricultural loans act
D. the co-operative credit societies act 1904
Answer» D. the co-operative credit societies act 1904
8.

The Co-operative Credit Societies Act 1904 contains …………… Sections

A. 25
B. 28
C. 29
D. 30
Answer» C. 29
9.

Section 3 of the Co-operative Credit Societies Act 1904 is concerned with ……

A. the constitution of societies.
B. definitions
C. scope
D. powers
Answer» A. the constitution of societies.
10.

Under Co-operative Credit Societies Act 1904, a society could be formed by any ………. persons living in the same village or town.

A. fifteen
B. ten
C. seven
D. three
Answer» B. ten
11.

Under Co-operative Credit Societies Act 1904, the liability of rural societies are …………………..

A. limited
B. unlimited
C. at the option
D. all of these
Answer» B. unlimited
12.

Under Co-operative Credit Societies Act 1904, the liability of urban societies are …………………..

A. limited
B. unlimited
C. at the option
D. all of these
Answer» C. at the option
13.

The co-operative credit societies in each province were to be under the control and administration of the …………………..

A. president
B. secretary
C. registrar
D. none of these
Answer» C. registrar
14.

Accounts of co-operative credit societies must be audited by …………….

A. president
B. secretary
C. registrar
D. chartered accountant
Answer» C. registrar
15.

……… of the surplus of co-operative credit societies should be allotted to reserve fund.

A. 10%
B. 15%
C. 20%
D. 25%
Answer» D. 25%
16.

The co-operative credit societies could advance loans to members on ………

A. personal security
B. real security
C. personal or real security
D. third party guarantee
Answer» C. personal or real security
17.

The Co-operative Credit Societies Act 1904 was replaced by ………………

A. the co-operative societies act 1912
B. the co-operative societies act 1914
C. the co-operative societies act 1915
D. the co-operative societies act 1918
Answer» A. the co-operative societies act 1912
18.

As per The Co-operative Credit Societies Act 1904, no member can have more than …… of the total share capital.

A. ½
B. 1/3
C. ¼
D. 1/5
Answer» D. 1/5
19.

As per The Co-operative Credit Societies Act 1904, no member can hold shares exceeding ……………… in a society.

A. rs. 1000
B. rs. 2000
C. rs. 5000
D. rs. 10000
Answer» A. rs. 1000
20.

A society could be inspected by the …….. under Co-operative Societies Act 1912, on a requisition by a creditor.

A. president
B. secretary
C. registrar
D. chartered accountant
Answer» C. registrar
21.

The committee to prepare a model co-operatives Act was headed by ………

A. mehta
B. mishra
C. chaudheri brahm
D. rajgopalachari
Answer» C. chaudheri brahm
22.

……… was the first state passed the new Act on the basis of the Model Act.

A. maharashtra
B. andhra pradesh
C. kerala
D. gujarat
Answer» B. andhra pradesh
23.

The first society registered on the basis of the Model Act in ………………….

A. 1991
B. 1993
C. 1995
D. 1997
Answer» C. 1995
24.

…………… has been made accountable for timely conduct of elections, regular convening of meetings of the managing committee.

A. registrar
B. board of directors
C. managing committee
D. secretary
Answer» B. board of directors
25.

…………… was permitted to use their discretion in making rules and byelaws of the societies under Co-operative Societies Act 1912.

A. central govt.
B. state govt.
C. local govt.
D. none of these
Answer» C. local govt.
26.

The Multi-State Co-operative Societies Act was passed in ……………….

A. 2000
B. 2002
C. 2004
D. 2007
Answer» B. 2002
27.

…………….. is an Act to consolidate and amend the law relating to co- operative societies.

A. the co-operative credit societies act 1904
B. model co-operative act
C. the multi-state co-operative societies act, 2002
D. the co-operative societies act 1912
Answer» C. the multi-state co-operative societies act, 2002
28.

Multi-state co-operative societies may be registered as per …………………

A. section 5
B. section 3
C. section 2
D. section 1
Answer» A. section 5
29.

The application shall be signed in the case of a multi-state co-operative society of which all the members are individuals, by at least ………… persons from each of the state concerned

A. ten
B. twenty
C. fifteen
D. fifty
Answer» D. fifty
30.

The application for registration of multi-state co-operative society is made to ……….

A. the central govt.
B. central registrar
C. secretary
D. financing bank
Answer» B. central registrar
31.

The registration certificate of multi-state co-operative society is issued by ………….

A. the central govt.
B. central registrar
C. secretary
D. financing bank
Answer» B. central registrar
32.

The registration certificate of multi-state co-operative society is issued under …………..

A. section 5
B. section 8
C. section 4
D. section 7
Answer» B. section 8
33.

The amendment to the bye-laws of a multi-state co-operative society shall be made by a resolution passed by a ………. majority of the members present and voting at general meeting of the society.

A. two-third
B. one-third
C. three-fourth
D. one-fifth
Answer» A. two-third
34.

No resolution shall be valid unless ……….. clear days’ notice of the proposed amendment has been given to the members.

A. fourteen
B. fifteen
C. seven
D. twenty one
Answer» B. fifteen
35.

The amendment to the bye-laws of a multi-state co-operative society shall be made as per ………….

A. section 15
B. section 13
C. section 11
D. section 9
Answer» C. section 11
36.

As per ……………, the name of a multi-state co-operative society may be changed by an amendment.

A. section 15
B. section 13
C. section 11
D. section 9
Answer» B. section 13
37.

A multi-state co-operative society may, by an amendment of its bye-laws, change the extent of its liability as per…………….

A. section 15
B. section 16
C. section 17
D. section 19
Answer» B. section 16
38.

Any two or more multi-state co-operative societies may amalgamate themselves and form a new multi-state co-operative society under …………

A. section 15
B. section 16
C. section 17
D. section 19
Answer» A. section 15
39.

A subsidiary institution shall not include a …………

A. company
B. sole trader
C. partnership firm
D. all of these
Answer» C. partnership firm
40.

Federal co-operative shall be registered under……………

A. section 25
B. section 23
C. section 21
D. section 19
Answer» B. section 23
41.

Federal co-operative may …………………….

A. ensure compliance of the co-operative principles
B. evolve viability norms for a member co-operative
C. promote harmonious relations amongst member co-operative
D. all of these
Answer» D. all of these
42.

The member of a multi-state co-operative society may be ………………

A. the central government
B. a state government
C. an individual
D. all of these
Answer» D. all of these
43.

No member shall hold more than … of the total share capital of the society.

A. ¼
B. 1/5
C. ½
D. 1/3
Answer» B. 1/5
44.

.Board of directors of multi-state co-operative society consisting of not more than ……… members.

A. fifteen
B. twenty
C. twelve
D. twenty one
Answer» D. twenty one
45.

Travancore Cochin State was formed in ………………….

A. 1960
B. 1950
C. 1949
D. 1968
Answer» C. 1949
46.

The Registrar of co-operative societies at Madras province was ……………

A. sri. govindapillai
B. sir rajagopalachari
C. sri. damodar
D. sir gopal
Answer» B. sir rajagopalachari
47.

Cochin Co-operative Societies Act was passed in ………………………

A. 1913
B. 1914
C. 1918
D. 1921
Answer» A. 1913
48.

Edavanakkad Service Co-operative Bank was the first society organized in ………………

A. travancore state
B. madras state
C. malabar state
D. cochin state
Answer» D. cochin state
49.

Travancore Co-operative Societies Regulation was passed in ………………

A. 1913
B. 1914
C. 1918
D. 1921
Answer» B. 1914
50.

Who was the first Registrar in Travancore State?

A. sri. govindapillai
B. sir rajagopalachari
C. sri. damodar
D. sir gopal
Answer» B. sir rajagopalachari
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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