Clerk/Secretary Model Questions - Co-Operative Service Examination Board - 1

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1. Objects of reserve fund and dsiposal is mentioned in the Rule -

[a] 58	[b] 61
[c] 63	[d] 66A

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2. In which famous case, was it held that it is not the duty of an Auditor to take stock-

[a] Dumbbell's Banking Co. Ltd	[b] Kingston's Cotton Mill
[c] Irish Wollen Co. Vs Tyson	[d] Carblree Vs Crablree

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3. A reserve not disclosed in books of accounts or Balance sheet-

[a] Capital Reserve	[b] Specific Reserve
[c] Sinking Fund	[d] Internal Reserve

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4. Which is not a Differed Revenue Expenditure

[a] Preliminary Expense	[b] Cost of issue of Debentures
[c] Heavy advertisement expenditure	[d] None of these

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5. Who is considered to be the father of the Coop movement in India -

[a] Robert owen	[b] Edward law
[c] Maclagan	[d] Federic Nicholson

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6. Which committee is appointed by the Madras Govt. to study the Foreign Co-operative movement

[a] Robert owen	[b] Edward law
[c] Maclagan	[d] Federic Nicholson

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7. In which year Madras Govt. appoint Sir Federic Nicholson to study the foreign Co-operative movement

[a] 1886	[b] 1885
[c] 1892	[d] 1895

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8. Sir Federic Nicholson submitted his report in the year -

[a] 1893	[b] 1892
[c] 1894	[d] 1895

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9. Unlike the European countries Co-operative movement was introduced in India as a ____ movement -

[a] Volunteer movement	[b] Own movement
[c] Government movement	[d] Fascist movement

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10. The pioneer province in India in the field of cooperation -

[a] Calcutta Province	[b] Bombay Province
[c] Banglore Province	[d] Madras Province

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11. Famine commission report came in the year

[a] 1895	[b] 1899
[c] 1901	[d] 1905

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12. Whose famous word is "Find Raiffeisen" -

[a] Federic Nicholson	[b] AD Gorwala
[c] Royal Commission on Agriculture	[d] Edward law

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13. Who was the chairman of the committee that was appointed by the govt of India to study the question of starting Co-operative credit societies in India-

[a] Federic Nicholson	[b] Edward Maclagan
[c] Royal Commission on Agriculture	[d] Edward law Committee

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14. Who recommended for the first Co-operative legislation -

[a] Edward Law Committee	[b] Edward Maclagan Committee
[c] David lbbetson Committee	[d] Famine Commission

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15. The first Co-operative Legislation in India

[a] Co-operative societies Act 1904	[b] Co-operative Credit societies 1904
[c] Industrial Providence Societies Act 1852	[d] Co-operative societies Act 1912

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16. ____ societies were started in India at the beginning of Coop movement-

[a] Consumer Co-operatives	[b] Co-operative Credit societies
[c] Urban Credit societies	[d] Non-Credit Co-operatives

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17. Who compiled the act of 1904 (Act X of 1904)

[a] Federic Nicholson	[b] Robert owen
[c] Sir Edward law	[d] Sir Devzil lbbetson

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18. The first Co-operative societies registered under the act of 1904 -

[a] Anyonya sahakari mandala	[b] Baroda Co-operative Bank
[c] Triplicane Urban Co-operative Society	[d] Kaduvayur Aikya nanya sangam

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19. TUCS was registered in the year -

[a] 1905	[b] 1904
[c] 1935	[d] 1901

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20. By the act of 1904 society were classified into _____ & ______

[a] Credit and Non Credit	[b] Rural and Urban
[c] Agriculture and Non Agriculture	[d] long term and short term

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21. Reserves are always shows _____ balance

[a] Debit	[b] Credit
[c] Either Debit or Credit	[d] None of these

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22. End Product of Audit

[a] Profit and Loss Account	[b] Trading Account
[c] Balance Sheet	[d] Trail Balance

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23. If a person owes some amount to business, his Account shows ____ balance

[a] Credit	[b] Debit
[c] Either debitBalance Sheet	[d] No balance

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24. The concept of bankers cheque was introduced by _____ in the year _____

[a] State Bank of India 1976	[b] Punjab National Bank 1971
[c] State Bank of Travancore 1975	[d] RBI 1949

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25. The document which can be used only for making local payment is

[a] Draft	[b] Cheque
[c] Bill of Exchange	[d] Bankers Cheque

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