Kerala PSC - Junior Clerk, Co-operative Societies - Model Question Paper 02

01. Primary agricultural credit society (PACS) can become a member of ____ - District co-operative Bank
02. Prudential norms include ____ - Income recognition/Asset classification/provisioning
03. The expansion of 'MASK' is ____ - Mutual Arrangement scheme Kerala
04. Subsidiary state partnership fund is maintained by _____ - DCB
05. ____ can exercise casting vote in the meeting of the managing committee of a co-operative society. - Chairman
06. The retirement age of an employee of a co-operative society shall be ____ years. - 58
07. Final voters list in a primary credit co-operative society for election is published by ____ - Electoral Officer
08. Women representation in the managing committee of a primary co-operative society is ____ - 3
09. A contract guarantee is governed by the provision of ____ - Indian contract Act
10. In core banking system all ____ will be connected to a central server. - All branches of the Bank
11. The officer who executes the decree in a co-operative society is ____ - Sale Officer
12. The registration certificate of a co-operative society is done as per section ___ of KCS Act. - 8
13. Marketing society will set a part at least ___% of net profit to price fluctuation fund. - 10
14. Crop Loan system was recommended by ____ - AIRCSC
15. The number of regional milk producers union is ___ - 3
16. Kerala state co-operative Agricultural and Rural development Bank Ltd. was formerly known as ____ - Kerala co-operative central Land Mortgage bank
17. CRR in commercial banks is deposited in ____ - RBI
18. The head of Audit of the co-operative Department is ____ - Director of Audit
19. Kerala state Co-operative Agricultural and Rural Development Bank Act came into force in the year ____ - 1984
20. Negotiable instruments Acts came into force in the year ____ - 1881
21. CRAFICARD was constituted by RBI in ____ - 1979
22. The name of co-operative colony established by Robert Owen in America was ____ - New Harmony
23. NAFED was organised in the year ___ - 1958
24. The headquarters of CAMPCO is at ____ - Mangalore
25. NABARD was organised in the year ____ - 1982
26. Training means ___ - Knowledge/Attitude/Skill
27. Maximum age limit for direct recruitment to the post of Deputy General Manager in District co-operative bank is ___ - 40
28. Maximum percentage of professional education fund appropriated from Net profit of a co-operative society is ____ - 5%
29. Reserve Fund invested comes under ____ side of the Balance sheet. - Asset & Liability
30. Depreciation is a ___ - Charged proision
31. In the word 'VIBGYOR' V stands for ____ - Felt need
32. The secretary of the state co-operative union shall be ___ - Additional Registrar
33. The co-operative movement originated first in ____ - England
34. The headquarters of RUBCO is at ____ - Kannur
35. Co-operative Credit Societies known as 'CASSE RURALE' was started by ____ - Dr. Wollen Berg
36. ____ is the National level of marketing Societies in India. - NAFED
37. Annual credit limit statement is prepared by ____ - PACS
38. The word debenture is derived from ____ - Debegee
39. ____ is one of the elements of co-operative governance. - Transparency
40. The Government shall in consultation with ___ fix or alter the number and designation of the officers and servants of different classes of societies specified in section 80(i) of KCS Act 1969. - Registrar of co-operative societies
41. Cheques are payable on _____ - On demand
42. The chief executive of the society shall prepare the financial statements and statutory statements with in ___ months from the close of the financial year. - 1 month
43. An Audit report which contains no conditions is called ____ report. - Clean
44. No member of a co-operative society expelled under the provisions of the Kerala co-operative societies Act shall be eligible for readmission in the society for a period of ____ from the date of such expulsion. - 1 year
45. The major sources of revenue of any business is ____ - Sales
46. Budget presented before the General body of a co-operative society after the financial year is called ____ - Annual Budget
47. _____ are the amount earned by selling the product of a concern. - revenue
48. Interest on deposit is ___ income. - Revenue Income
49. Fourth generation of computers - were the first to use micro processors
50. Stealing money from an Institution by way of falsification of record is _____ - Forgery