MCQOPTIONS
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MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The Registered Office of NAFCUB is at ……………. and the area of operation is whole of thecountry. |
| A. | mumbai |
| B. | agra |
| C. | kolkata |
| D. | delhi |
| Answer» E. | |
| 2. |
Committee to Review Arrangements For Institutional Credit for Agricultural and RuralDevelopment, 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 | |
| 3. |
The origins of the urban co-operative banking movement in India can be traced to theclose of ……………………….. |
| A. | eighteenth century |
| B. | twentieth century |
| C. | nineteenth century |
| D. | seventeenth century |
| Answer» D. seventeenth century | |
| 4. |
The …………………………….was set up in 1960 & is administered under the Multi-StateCooperative 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. | |
| 5. |
The number of SCARDBs in India as on 31st March 2013 is…………….. |
| A. | 17 |
| B. | 18 |
| C. | 19 |
| D. | 20 |
| Answer» D. 20 | |
| 6. |
The number Branches of PCARDBs in India as on 31st March 2013 is…………….. |
| A. | 987 |
| B. | 714 |
| C. | 978 |
| D. | 999 |
| Answer» B. 714 | |
| 7. |
The number of PCARDBsin India as on 31st March 2013 is…………….. |
| A. | 714 |
| B. | 815 |
| C. | 987 |
| D. | 194 |
| Answer» B. 815 | |
| 8. |
The National Co-operative Agriculture & Rural Development Banks’ Federation wasregisteredon ………………………..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 | |
| 9. |
The term “cooperative farming” is ………………. collective farming. |
| A. | synonymous with |
| B. | not synonymous with |
| C. | same as |
| D. | none of the above |
| Answer» C. same as | |
| 10. |
When Agro processing companies enter into contract with the farmers to provide the farmerswith 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 | |
| 11. |
The well-known sobriquet ‘MILMA’ refers to …………………… |
| A. | amul co-operative |
| B. | anand dairy |
| C. | kerala co-operative milk marketing federation |
| D. | none of the above |
| Answer» D. none of the above | |
| 12. |
The first marketing cooperative was organized at ……….. in the former Bombay Province in1915 |
| A. | hubli |
| B. | pune |
| C. | kolaba |
| D. | lonavla |
| Answer» B. pune | |
| 13. |
The first marketing cooperative was organized at Hubli in the former Bombay Province in ………………. |
| A. | 1915. |
| B. | 1920 |
| C. | 1900 |
| D. | 1925 |
| Answer» B. 1920 | |
| 14. |
The Kibbutz is a typical example of cooperative farming in …………. |
| A. | israel |
| B. | denmark |
| C. | france |
| D. | ussr |
| Answer» B. denmark | |
| 15. |
Kerala Co-operative Milk Marketing Federation (KCMMF), popularly called ‘MILMA’ wasestablished in …………. |
| A. | january, 1950 |
| B. | april, 1970 |
| C. | april, 1980 |
| D. | november, 1980 |
| Answer» D. november, 1980 | |
| 16. |
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 | |
| 17. |
The National Agricultural Cooperative Marketing Federation (NAFED), established in …………… |
| A. | 1965 |
| B. | 1955 |
| C. | 1970 |
| D. | 1958 |
| Answer» E. | |
| 18. |
National Co- operative Development Corporation (NCDC) was setup in ………….. |
| A. | 1963 |
| B. | 1962 |
| C. | 1960 |
| D. | 1961 |
| Answer» B. 1962 | |
| 19. |
National Co- operative Development Corporation (NCDC) was setup in 1963 by the CentralGovernment 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 | |
| 20. |
The …………………………… was setup in 1963 by the Central Government bypassingNCDC 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. | |
| 21. |
The creation of National Dairy Development Board (NDDB)in ………..was a major steptowards the organisation of dairying on cooperative lines. |
| A. | 1962 |
| B. | 1963 |
| C. | 1965 |
| D. | 1966 |
| Answer» D. 1966 | |
| 22. |
The creation of ……………………………. in 1965 was a major step towards the organisationof 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 | |
| 23. |
In 1969-70 NDDB introduced a scheme for the development of dairy co-operatives known as ……………….. |
| A. | white revolution |
| B. | operation flood |
| C. | blue revolution |
| D. | silver river |
| Answer» C. blue revolution | |
| 24. |
The ……………………..is the apex federation of the consumer cooperatives in India. |
| A. | national cooperative consumers’ federation of india limited |
| B. | cooperative consumers’ federation |
| C. | national consumers’ federation of india limited |
| D. | none of the above |
| Answer» B. cooperative consumers’ federation | |
| 25. |
NCCF was set up on …………………….. and is administered under the Multi StateCooperative Societies Act 2002 |
| A. | 16 october, 1965 |
| B. | 16 august, 1965 |
| C. | 15 august, 1965 |
| D. | 25 december, 1965 |
| Answer» B. 16 august, 1965 | |
| 26. |
NCCF was set up on 16 October, 1965 and is administered under the ………….. |
| A. | multi state cooperative societies act 2002 |
| B. | multi state cooperative societies act 1965 |
| C. | multi state cooperative societies act 1964 |
| D. | multi state cooperative societies act 1960 |
| Answer» B. multi state cooperative societies act 1965 | |
| 27. |
……………….. is the apex institution for financing housing through the PrimaryHousing Co-operatives (PHCs) in Kerala State. |
| A. | nddb |
| B. | nccf |
| C. | kschf |
| D. | ncdc |
| Answer» D. ncdc | |
| 28. |
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 | |
| 29. |
The KSCHF was registered on ……………… |
| A. | 23.9.1970 |
| B. | 23.9.1971 |
| C. | 23.9.1972 |
| D. | 23.9.1973 |
| Answer» B. 23.9.1971 | |
| 30. |
The Kerala State Handloom Weavers Co Operative Society Ltd. “Hantex” was formed in thebeginning of …………..for the Weavers in the Co-Operative Sector of Kerala. |
| A. | 1961 |
| B. | 1962 |
| C. | 1963 |
| D. | 1964 |
| Answer» B. 1962 | |
| 31. |
The Kerala State Handloom Weavers Co Operative Society Ltd is known by thesobriquet……………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 | |
| 32. |
The………………………………………, the Apex Federation of Co-operative Societiesengaged 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 | |
| 33. |
Cocofert, Cocoplus, Cocogeo fabric, Dustout and Deepsleepare the brand names of products of |
| A. | milma |
| B. | coirfed |
| C. | urban cooperative banks |
| D. | kschf |
| Answer» C. urban cooperative banks | |
| 34. |
………………. is instrumental in implementing the novel schemes of Govt. of Kerala likeDistress 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 | |
| 35. |
MATSYAFED refers to |
| A. | kerala state cooperative federation for fisheries devlopment ltd |
| B. | agency for development of aquaculture, kerala |
| C. | kerala fishermen’s welfare fund |
| D. | fish farmers development agency |
| Answer» B. agency for development of aquaculture, kerala | |
| 36. |
Which was the firth Bank corporated by the Indians? (1881) |
| A. | imperial bank of india |
| B. | state bank of india |
| C. | avadh commercial bank(oudh) |
| D. | reserve bank of india |
| Answer» D. reserve bank of india | |
| 37. |
Imperial Banks were amalgamated and changed as _________ |
| A. | reserve bank of india |
| B. | state bank of india |
| C. | subsidiary banks |
| D. | union bank of india |
| Answer» C. subsidiary banks | |
| 38. |
Where is the Head Quarter of Reserve Bank of India? |
| A. | mumbai |
| B. | delhi |
| C. | kolkotta |
| D. | ahmedabad |
| Answer» B. delhi | |
| 39. |
When was Lead Bank Scheme introduced? |
| A. | 1967 |
| B. | 1968 |
| C. | 1969 |
| D. | 1974 |
| Answer» D. 1974 | |
| 40. |
The first development financial institution in India that has got mergedwith a bank is |
| A. | idbi |
| B. | icici |
| C. | idfc |
| D. | uti |
| Answer» C. idfc | |
| 41. |
……….prepared a framework through a consultative process to secure international convergence of supervisory regulations governing the capitaladequacy of international banks. |
| A. | basel committee on banking supervision |
| B. | banking committee on banking supervision |
| C. | basel company on banking supervision |
| D. | banking company on banking supervision |
| Answer» B. banking committee on banking supervision | |
| 42. |
Indian Banks Association (IBA) has a common net working system forsharing the ATM facilities in Mumbai, which is known as |
| A. | atm network |
| B. | shared payment network system |
| C. | cash network |
| D. | none of these |
| Answer» C. cash network | |
| 43. |
World Bank stands for |
| A. | nabard |
| B. | gatt |
| C. | ib |
| D. | bank of england |
| Answer» D. bank of england | |
| 44. |
Where is the headquarters of SWIFT? |
| A. | hong kong |
| B. | brussels |
| C. | london |
| D. | mumbai |
| Answer» C. london | |
| 45. |
Who is the Governor of RBI? |
| A. | bimal jalan |
| B. | y v reddy |
| C. | raghuram rajan |
| D. | ranga reddy |
| Answer» D. ranga reddy | |
| 46. |
A Bank is under a statutory obligations to honour its customer'scheques vide |
| A. | section 10 of the banking regulation act, 1949. |
| B. | section 3 of the r.b.i. act, 1934. |
| C. | section 31 of the negotiable instruments act, 1881. |
| D. | none of these |
| Answer» D. none of these | |
| 47. |
The Reserve Bank of India was originally constituted as a share holder'sBank with a share capital of -- |
| A. | rs. 50 lakh |
| B. | rs. 100 lakh |
| C. | rs. 10 crores |
| D. | rs. 5 crores |
| Answer» E. | |
| 48. |
Infrastructure Development Finance Company was established in - |
| A. | 1961 |
| B. | 1997 |
| C. | 1994 |
| D. | 1991 |
| Answer» C. 1994 | |
| 49. |
Nationalised Banks have been permitted to offer their equity shares tothe public to the extent of 49% of their capital as per amendments made in 1994 in |
| A. | banking regulation act, 1949 |
| B. | banking companies (acquisition & transfer of undertakings) acts 1970/1980 |
| C. | both in (i) a |
| D. | (ii) |
| Answer» C. both in (i) a | |
| 50. |
Contribution towards Rural Infrastructure Development Fund is made by |
| A. | nabard and commercial banks jointly |
| B. | state govts. and govt, of india |
| C. | only those commercial banks who fail to achieve the stipulat |
| D. | benchmark of agricultural advances and / or priority sector advances |
| Answer» D. benchmark of agricultural advances and / or priority sector advances | |