MCQOPTIONS
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MCQOPTIONS
This section includes 74 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. |
. The International Co-operative Alliance appointed a sub-committee in .. for the first reformulation of Principles of Co-operative Sector. |
| A. | 1934 |
| B. | 1964 |
| C. | 1954 |
| D. | 1944 |
| Answer» B. 1964 | |
| 2. |
The International Co-operative Alliance revised the co-operative principles for the third time in its Manchester Congress in . |
| A. | 1964 |
| B. | 1995 |
| C. | 1934 |
| D. | 1994 |
| Answer» C. 1934 | |
| 3. |
serves as an organizational instrument for the economically weaker producers-farmers, artisans or workers and consumers for strengthening themselves and protecting themselves against the exploitation by the stronger. |
| A. | organization |
| B. | company |
| C. | co-operation |
| D. | non-profit organization |
| Answer» D. non-profit organization | |
| 4. |
.. is a voluntary and democratic association of human beings, based on equality of control, opportunity, distribution and mutuality for the promotion of their common interests as producers or consumers. |
| A. | organization |
| B. | company |
| C. | co-operation |
| D. | non-profit organization |
| Answer» D. non-profit organization | |
| 5. |
. Operation Flood Programme is related to organizing ..throughout the country. |
| A. | dairy cooperatives |
| B. | agriculture cooperatives |
| C. | sericulture cooperatives |
| D. | fisheries cooperatives |
| Answer» B. agriculture cooperatives | |
| 6. |
Robert Owen, Dr. William King, Lougi Luzzatti, Louis Blanc are examples of some of the |
| A. | economists |
| B. | cooperative leaders |
| C. | business men |
| D. | prime ministers |
| Answer» C. business men | |
| 7. |
. 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. | |
| 8. |
. The I.C.A appointed a Commission in .. to ascertain how far the principles of the Rochdale as defined by I.C.A in 1937 are observed today and the reasons for any non-observance. |
| A. | october, 1964 |
| B. | october, 1984 |
| C. | november, 1964 |
| D. | november, 1984 |
| Answer» B. october, 1984 | |
| 9. |
. is based on the principle of self-help through mutual help, abolition of profits and service above self help. |
| A. | co-operation |
| B. | capitalism |
| C. | socialism |
| D. | trade unionism |
| Answer» B. capitalism | |
| 10. |
. In .form of business organization profit earning is the fundamental motive. |
| A. | co-operation |
| B. | capitalism |
| C. | socialism |
| D. | trade unionism |
| Answer» C. socialism | |
| 11. |
. In . the state is supreme, while in the individual freedom occupies the front position. |
| A. | co-operation, capitalism |
| B. | capitalism, co-operation |
| C. | socialism, capitalism |
| D. | socialism, co-operation |
| Answer» D. socialism, co-operation | |
| 12. |
. International Cooperative Alliance was founded by the International Cooperative Congress held in London in |
| A. | 1895 |
| B. | 1875 |
| C. | 1865 |
| D. | 1995 |
| Answer» B. 1875 | |
| 13. |
. The principles of Voluntary Association and Democratic Management are the guidelines for . |
| A. | co-operation |
| B. | capitalism |
| C. | socialism |
| D. | trade unionism |
| Answer» B. capitalism | |
| 14. |
. The ICA has ..member organizations around the world from ..different countries as on 26th March 2013. |
| A. | 271, 96 |
| B. | 226, 82 |
| C. | 290, 101 |
| D. | 215, 71 |
| Answer» B. 226, 82 | |
| 15. |
. The main office of Regional Office for Asia and the Pacific of ICA is at |
| A. | new delhi |
| B. | singapore |
| C. | jakarta |
| D. | beijing |
| Answer» B. singapore | |
| 16. |
. The committee,1945 observed that the Act of 1912 needed revision in certain respects and recommended that the provinces in which the cooperative societies act of 1912 was in force should pass special acts keeping in view their past experience and the future needs of the movement. |
| A. | sivaraman |
| B. | sir maclagan |
| C. | khusro |
| D. | saraiya |
| Answer» E. | |
| 17. |
. The Kaira District Cooperative Milk Producers Union was formed in 1946 at . |
| A. | ahmedabad |
| B. | allahabad |
| C. | anand |
| D. | bombay |
| Answer» D. bombay | |
| 18. |
. The Kaira District Cooperative Milk Producers Union at Anand was formed in . |
| A. | 1913 |
| B. | 1923 |
| C. | 1936 |
| D. | 1946 |
| Answer» E. | |
| 19. |
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 | |
| 20. |
. The National Co-operative Agriculture & Rural Development Banks Federation was registered on ..with the main objective of promoting the interests of the Long Term Co-operative Credit Structure (LTCCS) movement in the country |
| A. | 6thoctober, 1960 |
| B. | 5th october,1960 |
| C. | 7th october, 1960 |
| D. | 8th october, 1960 |
| Answer» B. 5th october,1960 | |
| 21. |
. 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 | |
| 22. |
..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 | |
| 23. |
The process of concentration of cooperative activities at the primary level either by the amalgamation of two or more societies carrying out the same business or by the incorporation of several functions in one society is known as . |
| A. | horizontal integration |
| B. | link-up system |
| C. | vertical integration |
| D. | all of the above |
| Answer» B. link-up system | |
| 24. |
. The first marketing cooperative was organized at . In the former Bombay province in 1915 |
| A. | hubli |
| B. | thane |
| C. | pune |
| D. | kalyan |
| Answer» B. thane | |
| 25. |
. 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 | |
| 26. |
. The products of .. is popularly known by the brand name Amul . |
| A. | katra cooperative dairy society |
| B. | kaira district cooperative milk producers union |
| C. | baroda dairy |
| D. | all of the above |
| Answer» C. baroda dairy | |
| 27. |
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 | |
| 28. |
. 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 | |
| 29. |
. . 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 | |
| 30. |
. The Urban cooperative banks, salary earners societies, thrift and credit societies are examples of |
| A. | agricultural credit societies |
| B. | non-agricultural credit societies |
| C. | both (a) and (b) |
| D. | none of the above |
| Answer» C. both (a) and (b) | |
| 31. |
. The .committee was appointed by the Planning Commission of India to prepare a Model Cooperative Bill. |
| A. | sivaraman |
| B. | sir maclagan |
| C. | khusro |
| D. | brahm prakash |
| Answer» E. | |
| 32. |
. The National Agricultural Cooperative Marketing Federation established in . has been playing an important role in the development of cooperative marketing in India. |
| A. | 1958 |
| B. | 1968 |
| C. | 1908 |
| D. | 1918 |
| Answer» B. 1968 | |
| 33. |
. In .the National Cooperative Development Corporation(NCDC) was established for strengthening the cooperative activities. |
| A. | 1961 |
| B. | 1962 |
| C. | 1963 |
| D. | 1964 |
| Answer» D. 1964 | |
| 34. |
. 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. | |
| 35. |
. 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 CoOperative Sector of Kerala |
| A. | silk weave |
| B. | hand text |
| C. | hantex |
| D. | silky |
| Answer» C. hantex | |
| 36. |
The first Diary Cooperative Society was registered in 1913 at Allahabad in UP was called .. |
| A. | katra cooperative dairy society |
| B. | kaira district cooperative milk producers union |
| C. | district cooperative milk society |
| D. | allahabad cooperative dairy society |
| Answer» B. kaira district cooperative milk producers union | |
| 37. |
. 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 | |
| 38. |
. The number Branches of PCARDBs in India as on 31st March 2013 is .. |
| A. | 987 |
| B. | 714 |
| C. | 978 |
| D. | 999 |
| Answer» B. 714 | |
| 39. |
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 | |
| 40. |
. The Sivaraman Committee was constituted in the ..five year plan and it recommended the establishment of NABARD. |
| A. | second |
| B. | fourth |
| C. | sixth |
| D. | eighth |
| Answer» D. eighth | |
| 41. |
. In the .five year plan the All India Rural Credit Review Committee was set up. |
| A. | first |
| B. | second |
| C. | third |
| D. | fourth |
| Answer» E. | |
| 42. |
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 | |
| 43. |
. Two or more single-purpose societies working closely together without losing their identity is called |
| A. | horizontal integration |
| B. | link-up system |
| C. | vertical integration |
| D. | all of the above |
| Answer» C. vertical integration | |
| 44. |
. 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 | |
| 45. |
. LAMPS, TDCCFs, BISCOLAMF, TRIFED are cooperatives working for the upliftment of . |
| A. | scheduled castes |
| B. | scheduled tribes |
| C. | rural areas |
| D. | urban areas |
| Answer» C. rural areas | |
| 46. |
. The was setup in 1963 by the Central Government by passing NCDC 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. | |
| 47. |
National Co- operative Development Corporation (NCDC) was setup in .. |
| A. | 1963 |
| B. | 1962 |
| C. | 1960 |
| D. | 1961 |
| Answer» B. 1962 | |
| 48. |
. A novel form of cooperative organization known as Producer Company was introduced by amending the .. |
| A. | companies act, 1956 |
| B. | companies act, 1913 |
| C. | cooperative societies act of 1904 |
| D. | cooperative societies act of 1912 |
| Answer» B. companies act, 1913 | |
| 49. |
. The shortcomings in the Act of 1904 was removed by another legislation known as . |
| A. | cooperative societies act of 1912. |
| B. | the model cooperative act |
| C. | constitution amendment bill |
| D. | none of these |
| Answer» B. the model cooperative act | |
| 50. |
. The origins of the urban co-operative banking movement in India can be traced to the close of .. |
| A. | eighteenth century |
| B. | twentieth century |
| C. | nineteenth century |
| D. | seventeenth century |
| Answer» D. seventeenth century | |