MCQOPTIONS
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MCQOPTIONS
This section includes 26 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
With regard to short-term credit cooperatives, at the central level .. act as a link between primary societies and State Cooperative Apex Banks. |
| A. | district level cooperative banks |
| B. | primary cooperative agriculture and rural development banks |
| C. | state cooperative agriculture and rural development bank |
| D. | none of the above |
| Answer» B. primary cooperative agriculture and rural development banks | |
| 2. |
The controls the cooperative banks that falls under the banking regulation act of 1949. |
| A. | reserve bank of india |
| B. | nabard |
| C. | national cooperative union of india |
| D. | none of the above |
| Answer» B. nabard | |
| 3. |
..is the vertex of the pyramidal structure in a State for the provision of short and medium term credit to agriculturists on cooperative basis. |
| A. | district central cooperative banks |
| B. | primary agricultural credit societies |
| C. | state cooperative banks |
| D. | all the above |
| Answer» D. all the above | |
| 4. |
A . also acts as a balancing center and clearing house for the central cooperative banks. |
| A. | state cooperative bank |
| B. | district central cooperative banks |
| C. | primary agricultural credit societies |
| D. | all the above |
| Answer» B. district central cooperative banks | |
| 5. |
The . are organized in 3 tiers namely; state, central, and primarylevel and they meet the long term credit requirements of the farmers for developmentalpurposes. |
| A. | land development banks |
| B. | primary banks |
| C. | urban cooperative banks |
| D. | nabard |
| Answer» B. primary banks | |
| 6. |
In India, the first cooperative land mortgage bank was established in at Jhang in Punjab. |
| A. | 1900 |
| B. | 1920 |
| C. | 1910 |
| D. | 1950 |
| Answer» C. 1910 | |
| 7. |
Committee to Review Arrangements For Institutional Credit for Agricultural and Rural Development, under the chairmanship of Sri B Sivaraman recommended the establishment of |
| A. | national federation of state cooperative banks ltd |
| B. | national bank for agricultural and rural development |
| C. | national federation of urban cooperative banks and credit societies ltd |
| D. | national cooperative agriculture & rural development banks federation ltd |
| Answer» C. national federation of urban cooperative banks and credit societies ltd | |
| 8. |
It was from the beginning of the . that the policies oriented towards development purposes were adopted and land mortgage banks were called Land Development Banks . |
| A. | first five year plans |
| B. | second five year plans |
| C. | third five year plans |
| D. | fourth five year plans |
| Answer» D. fourth five year plans | |
| 9. |
The , the Apex Federation of Co-operative Societies engaged in the manufacture of coir and coir products is entrusted with the task of marketing the product of the Co-operative Societies |
| A. | kerala state co-operative coir marketing federation |
| B. | kerala state co-operative coir federation |
| C. | kerala state co-operative marketing federation |
| D. | all of the above |
| Answer» B. kerala state co-operative coir federation | |
| 10. |
The was setup in 1963 by the Central Government by passingNCDC Act in 1962 |
| A. | national federation of state cooperative banks ltd |
| B. | national bank for agricultural and rural development |
| C. | national federation of urban cooperative banks and credit societies ltd |
| D. | national co- operative development corporation |
| Answer» E. | |
| 11. |
The Kerala State Handloom Weavers Co Operative Society Ltd. Hantex was formed in the beginning of ..for the Weavers in the Co-Operative Sector of Kerala. |
| A. | 1961 |
| B. | 1962 |
| C. | 1963 |
| D. | 1964 |
| Answer» B. 1962 | |
| 12. |
The Kerala State Handloom Weavers Co Operative Society Ltd is known by the sobriquet was formed in the beginning of 1961 for the Weavers in the Co- Operative Sector of Kerala |
| A. | silk weave |
| B. | hand text |
| C. | hantex |
| D. | silky |
| Answer» D. silky | |
| 13. |
The creation of National Dairy Development Board (NDDB)in ..was a major step towards the organisation of dairying on cooperative lines. |
| A. | 1962 |
| B. | 1963 |
| C. | 1965 |
| D. | 1966 |
| Answer» D. 1966 | |
| 14. |
The farmer-owned Co-operative Model with is integrated approach to production, procurement, Processing and Marketing of milk came to be known as .. |
| A. | milma pattern |
| B. | anand pattern |
| C. | mother pattern |
| D. | none of the above |
| Answer» C. mother pattern | |
| 15. |
. is instrumental in implementing the novel schemes of Govt. of Kerala like Distress purchase scheme, Fibre subsidy scheme, Price fluctuation fund, Purchase price stabilization scheme etc |
| A. | milma |
| B. | coirfed |
| C. | urban cooperative banks |
| D. | kschf |
| Answer» C. urban cooperative banks | |
| 16. |
The creation of . in 1965 was a major step towards the organisation of dairying on cooperative lines. |
| A. | national dairy development board (nddb) |
| B. | national bank for agricultural and rural development |
| C. | national federation of urban cooperative banks and credit societies ltd |
| D. | national co- operative development corporation |
| Answer» B. national bank for agricultural and rural development | |
| 17. |
The first marketing cooperative was organized at .. in the former Bombay Province in 1915 |
| A. | hubli |
| B. | pune |
| C. | kolaba |
| D. | lonavla |
| Answer» B. pune | |
| 18. |
When Agro processing companies enter into contract with the farmers to provide the farmers with the inputs like fertilizers, seeds, pesticides and guidelines to grow crops and buy back the products with a rate specified in advance, it is known as .. |
| A. | cooperative farming |
| B. | collective farming |
| C. | contract farming |
| D. | all of the above |
| Answer» D. all of the above | |
| 19. |
.. is the apex institution for financing housing through the Primary Housing Co-operatives (PHCs) in Kerala State. |
| A. | nddb |
| B. | nccf |
| C. | kschf |
| D. | ncdc |
| Answer» D. ncdc | |
| 20. |
Kerala Co-operative Milk Marketing Federation (KCMMF), popularly called MILMA was established in . |
| A. | january, 1950 |
| B. | april, 1970 |
| C. | april, 1980 |
| D. | november, 1980 |
| Answer» D. november, 1980 | |
| 21. |
NCCF was set up on .. and is administered under the Multi State Cooperative Societies Act 2002 |
| A. | 16 october, 1965 |
| B. | 16 august, 1965 |
| C. | 15 august, 1965 |
| D. | 25 december, 1965 |
| Answer» B. 16 august, 1965 | |
| 22. |
The Registered Office of NAFCUB is at . and the area of operation is whole of the country. |
| A. | mumbai |
| B. | agra |
| C. | kolkata |
| D. | delhi |
| Answer» E. | |
| 23. |
National Co- operative Development Corporation (NCDC) was setup in 1963 by the Central Government by passing .. |
| A. | ncdc act in 1961 |
| B. | ncdc act in 1962 |
| C. | ncdc act in 1963 |
| D. | ncdc act in 1964 |
| Answer» C. ncdc act in 1963 | |
| 24. |
The ..was established in 1969 as an apex organization for coordinating, guiding and promoting cooperative housing activities in India. |
| A. | national co-operative housing federation |
| B. | national co-operative housing society |
| C. | cooperative housing society |
| D. | national housing federation |
| Answer» B. national co-operative housing society | |
| 25. |
The .was set up in 1960 & is administered under the Multi-State Cooperative Societies Act, 2002. |
| A. | national federation of state cooperative banks ltd |
| B. | national bank for agricultural and rural development |
| C. | national federation of urban cooperative banks and credit societies ltd |
| D. | national cooperative agriculture & rural development banks federation ltd |
| Answer» E. | |
| 26. |
The National Co-operative Agriculture & Rural Development Banks Federation wasregistered on ..with the main objective of promoting the interests of the Long Term Co-operative Credit Structure (LTCCS) movement in the country |
| A. | 6th october, 1960 |
| B. | 5th october,1960 |
| C. | 7th october, 1960 |
| D. | 8th october, 1960 |
| Answer» B. 5th october,1960 | |