MCQOPTIONS
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MCQOPTIONS
This section includes 152 Mcqs, each offering curated multiple-choice questions to sharpen your UPSEE knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Under Co-operative Credit Societies Act 1904, a society could be formedby any ………. persons living in the same village or town. |
| A. | fifteen |
| B. | ten |
| C. | seven |
| D. | three |
| Answer» C. seven | |
| 2. |
In the case of central society including a District Co-operative Bank anamount not exceeding ……….. of the paid up capital shall be used for dividend to its members. |
| A. | 10% |
| B. | 15% |
| C. | 20% |
| D. | 25% |
| Answer» E. | |
| 3. |
The general body of a society shall constitute a committee for period notexceeding ……….. years |
| A. | three |
| B. | four |
| C. | five |
| D. | seven |
| Answer» D. seven | |
| 4. |
…………… was permitted to use their discretion in making rules and byelaws of the societies under Co-operative Societies Act 1912. |
| A. | central govt. |
| B. | state govt. |
| C. | local govt. |
| D. | none of these |
| Answer» D. none of these | |
| 5. |
No member shall hold more than … of the total share capital of the society. |
| A. | ¼ |
| B. | 1/5 |
| C. | ½ |
| D. | 1/3 |
| Answer» C. ½ | |
| 6. |
The …………. of a meeting are a written record of the proceedings of themeeting. |
| A. | agenda |
| B. | minutes |
| C. | roll |
| D. | quorum |
| Answer» C. roll | |
| 7. |
The committee shall meet at least ………. in advance and pass a resolutionfixing the date, time and place for the conduct of election of the new committee. |
| A. | 21 days |
| B. | 14 days |
| C. | 30 days |
| D. | 60 days |
| Answer» E. | |
| 8. |
Who was the first Registrar in Travancore State? |
| A. | sri. govindapillai |
| B. | sir rajagopalachari |
| C. | sri. damodar |
| D. | sir gopal |
| Answer» C. sri. damodar | |
| 9. |
……………. means a society having the whole of the state as its area ofoperation and having as its members only other societies with similar objects and declared as such by the Registrar. |
| A. | circle co-operative union |
| B. | apex society |
| C. | federal co-operative society |
| D. | central society |
| Answer» C. federal co-operative society | |
| 10. |
Federal co-operative shall be registered under…………… |
| A. | section 25 |
| B. | section 23 |
| C. | section 21 |
| D. | section 19 |
| Answer» C. section 21 | |
| 11. |
Travancore Credit Bank was organized in ……………….. |
| A. | 1938 |
| B. | 1946 |
| C. | 1957 |
| D. | 1960 |
| Answer» B. 1946 | |
| 12. |
………. will convene the general body meeting, if the managing committeefails to convene the meeting. |
| A. | government |
| B. | the general body |
| C. | registrar |
| D. | secretary |
| Answer» D. secretary | |
| 13. |
…………… has been made accountable for timely conduct of elections,regular convening of meetings of the managing committee. |
| A. | registrar |
| B. | board of directors |
| C. | managing committee |
| D. | secretary |
| Answer» C. managing committee | |
| 14. |
Multi-state co-operative societies may be registered as per ………………… |
| A. | section 5 |
| B. | section 3 |
| C. | section 2 |
| D. | section 1 |
| Answer» B. section 3 | |
| 15. |
The Co-operative Credit Societies Act 1904 contains …………… Sections |
| A. | 25 |
| B. | 28 |
| C. | 29 |
| D. | 30 |
| Answer» D. 30 | |
| 16. |
The quorum for the general body meeting is usually ………. of the totalnumber of members or a fixed number, whichever is less. |
| A. | 1/3 |
| B. | ¼ |
| C. | 1/5 |
| D. | 1/6 |
| Answer» D. 1/6 | |
| 17. |
The State Co-operative Election Commission is formed as per …………. |
| A. | section 28a |
| B. | section 28b |
| C. | section 28c |
| D. | section 28d |
| Answer» C. section 28c | |
| 18. |
The Multi-State Co-operative Societies Act was passed in ………………. |
| A. | 2000 |
| B. | 2002 |
| C. | 2004 |
| D. | 2007 |
| Answer» C. 2004 | |
| 19. |
Travancore Cochin State was formed in …………………. |
| A. | 1960 |
| B. | 1950 |
| C. | 1949 |
| D. | 1968 |
| Answer» D. 1968 | |
| 20. |
The application shall be signed in the case of a multi-state co-operativesociety of which all the members are individuals, by at least ………… persons from each of the state concerned |
| A. | ten |
| B. | twenty |
| C. | fifteen |
| D. | fifty |
| Answer» E. | |
| 21. |
Under Co-operative Credit Societies Act 1904, the liability of ruralsocieties are ………………….. |
| A. | limited |
| B. | unlimited |
| C. | at the option |
| D. | all of these |
| Answer» C. at the option | |
| 22. |
. …………….. means a co-operative society having as its members only otherco-operative societies and the main object of which is to raise money and lend the sum to its members. |
| A. | financing bank |
| B. | circle co-operative union |
| C. | central society |
| D. | apex society |
| Answer» B. circle co-operative union | |
| 23. |
The co-operative credit societies could advance loans to members on ……… |
| A. | personal security |
| B. | real security |
| C. | personal or real security |
| D. | third party guarantee |
| Answer» D. third party guarantee | |
| 24. |
A general body meeting of society shall be held …… in every year |
| A. | once |
| B. | twice |
| C. | three times |
| D. | four times |
| Answer» B. twice | |
| 25. |
An amount not less than ………… of net profit is to be transferred to thereserve fund. |
| A. | 10% |
| B. | 15% |
| C. | 20% |
| D. | 25% |
| Answer» C. 20% | |
| 26. |
. The Kerala Co-operative Societies Act was passed in ……………. |
| A. | 1969 |
| B. | 1964 |
| C. | 1947 |
| D. | 1967 |
| Answer» B. 1964 | |
| 27. |
An amount not exceeding ……… shall be paid to the co-operativeeducation fund. |
| A. | 5% |
| B. | 10% |
| C. | 15% |
| D. | 20% |
| Answer» B. 10% | |
| 28. |
. …………….. means a member who posses only such privileges and rightsof a member who is subjected only to such liabilities of a member as may be specified in the Bye-laws. |
| A. | member |
| B. | associate member |
| C. | past member |
| D. | none of these |
| Answer» C. past member | |
| 29. |
The Deccan Agricultural Relief Act was passed in ………………. |
| A. | 1875 |
| B. | 1878 |
| C. | 1879 |
| D. | 1880 |
| Answer» D. 1880 | |
| 30. |
In 1901 …………………. Commission recommended the starting f co- operative credit -societies to tackle the problem of rural farmers |
| A. | mehta commission |
| B. | varma commission |
| C. | famine commission |
| D. | none of these |
| Answer» D. none of these | |
| 31. |
Cochin Co-operative Societies Act was passed in ……………………… |
| A. | 1913 |
| B. | 1914 |
| C. | 1918 |
| D. | 1921 |
| Answer» B. 1914 | |
| 32. |
Usually the ……………. convenes the general body meeting. |
| A. | government |
| B. | the general body |
| C. | managing committee |
| D. | registrar |
| Answer» D. registrar | |
| 33. |
The Kerala State was formed in ……………. |
| A. | 1947 |
| B. | 1948 |
| C. | 1952 |
| D. | 1956 |
| Answer» E. | |
| 34. |
A subsidiary institution shall not include a ………… |
| A. | company |
| B. | sole trader |
| C. | partnership firm |
| D. | all of these |
| Answer» D. all of these | |
| 35. |
The notice of a meeting should contain a statement of the business to betransacted at the meeting of the society which is called as…………. |
| A. | agenda |
| B. | minutes |
| C. | roll |
| D. | quorum |
| Answer» B. minutes | |
| 36. |
Travancore Cochin Co-operative Societies Act was passed in ……………… |
| A. | 1947 |
| B. | 1948 |
| C. | 1952 |
| D. | 1956 |
| Answer» D. 1956 | |
| 37. |
The first Co-operative Credit Societies Act was passed in ……………… |
| A. | 1901 |
| B. | 1902 |
| C. | 1903 |
| D. | 1904 |
| Answer» E. | |
| 38. |
Madras Co-operative Societies Act was passed in …………….. |
| A. | 1921 |
| B. | 1928 |
| C. | 1932 |
| D. | 1936 |
| Answer» D. 1936 | |
| 39. |
………………….. is meant for hearing appeals against the orders, awards ordecisions of the Registrar or arbitrator. |
| A. | co-operative arbitrator |
| B. | registrar |
| C. | co-operative tribunal |
| D. | circle union |
| Answer» D. circle union | |
| 40. |
. An enquiry is held by the ……….. to enquire into the constitution,working and financial conditions of a society |
| A. | government |
| B. | the general body |
| C. | registrar |
| D. | secretary |
| Answer» D. secretary | |
| 41. |
The adhoc committee will be in power for a period of ………………. monthsfrom the date of registration. |
| A. | two |
| B. | three |
| C. | six |
| D. | five |
| Answer» C. six | |
| 42. |
……… was the first state passed the new Act on the basis of the Model Act. |
| A. | maharashtra |
| B. | andhra pradesh |
| C. | kerala |
| D. | gujarat |
| Answer» C. kerala | |
| 43. |
The State Co-operative Election Commission shall be appointed by thegovernment for a period of …… years. |
| A. | two |
| B. | three |
| C. | six |
| D. | five |
| Answer» E. | |
| 44. |
…………… is the head of administrative management and exercises overall control and supervision |
| A. | president |
| B. | vice president |
| C. | registrar |
| D. | secretary |
| Answer» B. vice president | |
| 45. |
The application for registration of multi-state co-operative society is madeto ………. |
| A. | the central govt. |
| B. | central registrar |
| C. | secretary |
| D. | financing bank |
| Answer» C. secretary | |
| 46. |
The Co-operative Credit Societies Act 1904 was replaced by ……………… |
| A. | the co-operative societies act 1912 |
| B. | the co-operative societies act 1914 |
| C. | the co-operative societies act 1915 |
| D. | the co-operative societies act 1918 |
| Answer» B. the co-operative societies act 1914 | |
| 47. |
As per Madras Co-operative Societies Act, at least ……… members arerequired to register a society. |
| A. | five |
| B. | seven |
| C. | ten |
| D. | fifteen |
| Answer» D. fifteen | |
| 48. |
As per The Co-operative Credit Societies Act 1904, no member can havemore than …… of the total share capital. |
| A. | ½ |
| B. | 1/3 |
| C. | ¼ |
| D. | 1/5 |
| Answer» E. | |
| 49. |
A society could be inspected by the …….. under Co-operative Societies Act1912, on a requisition by a creditor. |
| A. | president |
| B. | secretary |
| C. | registrar |
| D. | chartered accountant |
| Answer» D. chartered accountant | |
| 50. |
The ………….. is the chief executive of the co-operative society. |
| A. | president |
| B. | vice president |
| C. | registrar |
| D. | secretary |
| Answer» E. | |