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1.Where is the co-operative credit organizations referred to as “KOH” found ?
A)England
B)Sweden
C) Denmark
D)Japan
2.When was “Cooperator”, first cooperative journal in the world, started by William King?
A)1826
B) 1827
C) 1828
D) 1829
3.Who was the head of the committee known as CRAFICARD to recommend for establishment of NABARD in India ?
A)Bimal Jalan
B)C. Rangarajan
C) B. Sivaraman
D)M. Narasimham
4.Who is the first lady Chairperson of State Bank of India ?
A)Chanda Kochar
B)Arundhati Battacharya
C) Sikha Sharma
D)Subhalakshmi Panse
5.In which of the Commercial Bank was Laxmi Commercial Bank merged with ?
A)Syndicate Bank
B)Punjab National Bank
C) Corporation Bank
D)CanaraBank
6.Mr. H. Calvert, an eminent Cooperator, was the registrar of Cooperative Societies of
A)Haryana
B)Himachal Pradesh
C) Tamil Nadu
D)Punjab
7.Who among the following belongs to Cooperative Enterprise School ?
A)Robert Owen
B)Charles Fourier
C) Horace Plunkett
D)Louis Blane
8.When was the principle “Cooperation among Cooperatives” proposed by a commission headed by an eminent Indian co-operator, D.G. Karve, added to cooperative principles ?
A)1934
B) 1995
C) 1937
D) 1966
9.Which one of the following feature is found in common in Co-operation and Capitalism ?
A) Centralized and aristocratic
B) Self Interest
C) Self help and mutual help
D) Individual Liberty
10.Malcolm Darling described Co-operation as
A)Self help and Mutual help
B)Morality applied to business
C)Economic system with minimum state interference
D)Economic movement
11.Which of the following concept is not associated with Robert Owen, father of co-operation ?
A) Labour Notes
B) Villages of Co-operation
C) Friendly Societies
D) New Harmony
12.Which of the following is not a feature of banks established by Schulz ?
A)No maximum limit on Dividend
B)Deposits from members and non members
C)Higher share value
D)Unlimited Liability
13.UNI COOP JAPAN was established in Japan in 1961 for the purpose of
A) Supply of credit
B) Marketing
C) Education
D) Foreign trade
14.Which of the following initiatives does match with cooperatives in the
countries ?
A) SwedenKF
B) DenmarkPeople’s banks
C) JapanStilling Anderson
D) GermanyFund without Boundaries
15.The chairman of the committee to submit in its report that “Cooperation
has failed; but it must succeed” is
A) V.L. Mehta
B) S.D, Misra
C) A.D. Gorwala
D) F. Nicholson
16.Which of the following is not a recommendation by R.N. Mirdha appointed by
Government of India in 1961 ?
A)Entrust audit of societies to independent agency under government but
independent of registrar
B)Membership to housing societies should be limited to low income group
fixing certain ceiling
C)Registrar should be equaled to heads of other major development departments
D)Establishment of National Co-operative Bank
17.Identify the correct match as to authority and the organization/committee
to which they are related ?
A)R.K. Hazari
B)Dr. M.S. Swaminathan
C)Sri V. Venkatappiah
D)Prof. Ali Mohammed Khusro
18.Which one of the following facts is not as per the provisions of Co-
operative Societies Act of 1912 ?
A)Liability of a member of a registered society shall be limited
B)Minimum number of persons required to form a society was fixed at 25
individuals attaining an age of 18 years
C)No one member can have more than 20 % of the total share capital in a
limited liability society
D)Society has right to set off shares, deposits etc. of a member against dues
of society
19.Who among the following was not a member of AIRCSC headed by A.D. Gorwala
?
A)Prof. D.R. Gadgil
B) SriB. Venkatappiah
C) Dr. N.S.R. Sastry
D) Dr.R.K.Hazari
20.Which one of the following fund was to be created under RBI as per the
recommendations of Gorwala Committee ?
A)National Co-operativeDevelopmentFund
B)National WarehousingDevelopmentFund
C)National Agricultural Credit (Stabilisation) Fund
D)State Co-operative Development Fund
21.When was National Co-operative Development Corporation set up to promote
development of agricultural co-operative especially in the field of marketing
and processing ?
A) 1963
B) 1972
C) 1967
D) 1974
22.When is the International Cooperative Day celebrated ?
A) First Saturday of July
B) First Saturday of November
C) Second Saturday of July
D) Second Saturday of November
DICAR
ARDC
AIRCRC
CCT
23.Which of the following is not a publication of NCUI ?
A)Co-operative Education News
B) Indian Co-operative Review
C) The Co-operator
D) Indian Co-operator
24.The institution set up to provide training to senior level officers in
co-operative sector is
A)NCCE
B)CTCs
C) ICMs
D)VAMNICOM
25.CICTAB (Centre for International Cooperative Training in Agricultural
Banking) was established by Govt, of India with assistance from
A)FAO
B)UNO
C) ILO
D)ICA
26.All India Co-operative Education Instructors Training Centre was renamed
as
A)ICM
B)NCCE
C) VAMNICOM
D)NCCT
27.Who is the author of book titled “A Century of Co-operation” ?
A)G.D.H. Cole
B) J.P. War Base
C) D.R. Gadgil
D) D.G.Karve
28.Which is the correct match of Institution and the year of establishment ?
A)VAMNICOM 1976
B)HUDCO1970
C)NHB1978
D)NCBI2004
29.Mutual Arrangement Scheme Kerala (MASK) is formed with intention of
helping co-operative banks to issue
A) Demand Draft
B)Credit Card
C) Short Term Loans
D)Gold Loans
30.Who is the Chief Executive of Reserve Bank of India at present ?
A) GM
B)MD
C) Governor
D)CFO
31.Single column cash book may show
A)Only a Credit Balance
B)Only a Debit Balance
C)Either Debit Balance or a Credit Balance
D)Neither Debit nor Credit
32.The Bank Statement of a customer shows an Overdrawn Balance of Rs. 4,800.
A Cheque for Rs. 200 drawn in favour of a creditor has not yet been presented
for payment. What will be the bank balance when the creditor presents the
cheque for payment ?
A)Rs. 5,000 (overdrawn)
B) Rs. 4,600 (overdrawn)
C) Rs.5,000
D) Rs. 4,600
33.Goods worth Rs. 3,000 taken by proprietor for personal use should be
A)Debited to Debtors Account
B)Debited to Drawings Account
C) Credited to Capital Account
D)Debited to Purchases Account
34.A promissory note is written by
A) Debtor
B) Creditor
C) Debtor or Creditor
D) Endorser
35.Which of the following adjustments is correct ?
A)Carriage outward shown in the trial balance is debited to Trading account
B)Outstanding wages in the trial balance appears on the liability side of
Balance sheet
C)Prepaid insurance given in the Trial balance is debited to P & L account
D)Asset account is debited to provide for depreciation
36.Based on which accounting concept market value of investments is shown as
a footnote to balance sheet ?
A) Industry Practice
B) Business Entity Concept
C)Full Disclosure
D) Conservatism Concept
37.The capital of Mr. X as on 1-1-2011 is Rs. 40,000, interest on drawings
Rs. 1,800, Interest on Capital Rs. 4,000, Drawings Rs. 15,000, and profit for
the year Rs. 16,200. His capital as on 31-12-2011 is
A) Rs. 41,200 C) Rs. 53,000
B) Rs. 40,000 D) Rs. 44,600
39.The following combinations indicate the nations and type of society
originated in the respective nations. Identify the incorrect match. •
A)Japan-Multipurpose Societies
B) Canada-Agricultural Societies
C)Israel-Labour Contract Societies
D) China-Industrial Cooperatives
40.Who is considered as the first president of the Rockdale pioneers
equitable co-operative society ?
A)Charles Howrath
B) James Daly
C) E.V. Neale
D) Robert Owen
41.Which is the workers insurance society in Denmark ?
A)DAAG
B)ALKA
C) LURBRAND
D)FHS
42.Which one of the following term is not related to co-operative movement in
Israel ?
A) BUSHE
B)KVUTZA
C) KIBUTZ
D)TNUVA
43.Which is the supreme authority of ICA ?
A) The Congress
B) The Goveming Council
C) The Secretariat
D) The Trusteeship Council
44.ICA International Cooperative Day was celebrated from
A) 1922
B) 1923
C) 1937
D) 1946
38.Which country is known as Dairy farm of Europe ?
A) Switzerland C) Italy
B) Ireland D) Denmark
45.Identify the correct match as to the year of happening event in the
international co-operative world.
1.2012 - United Nation's International year of Co-operation
2.1960 - Asia Pacific Regional Office of ICA in New Delhi
3.1951 - ICA establishes Agricultural Committee as to Agricultural Co-
operatives
4.2002- ICA adopts ILO recommendations on promotion of cooperatives
A) 1,2 and 4 only
B)2,3 and 4 only
C) 1,3 and 4 only
D)all the above
46.Which among the following doesn’t belong to the group as to type of
society ?
A) HANTEX
B)CAPEX
C) COIRFED
D)MILMA
47.Which one of the following co-operative organization has two tire
cooperative structure ?
A) Matsyafed
B)Serifed
C) Tourfed
D)Kerafed
48.Identify the publication of Kerala State Co-operative Union.
A) Sahakarana Veedhi
B) Sahakarana Journal
C) Sahakarana Dhara
D) Sahakarana Sabdham
49.What does IFFCO stands for?
A)Indian Farmers Fertilizers Co-operative Ltd.
B)Industrial Farmers Fertilizers Co-operative Ltd.
C)Industrial Fisheries Farmers Co-operative Ltd.
D)Indian Fisheries Farmers Co-operative Ltd.
50.Which of the following cooperative organization has its retail outlet
named 'Triveni” ?
A)Marketfed
B)Kerala State Civil Supplies Corporation
C)Kerala State Co-operative Consumer Federation
D)NAFED
51.Meaning of the term ‘quid pro quo* is
A)Something in return
B) The two parties
C) Agreement
D) Free consent
52.A watch given for repair is an example of a contract of
A) Agency
B) Bailment
C) Sale of goods
D) General contract
53.Select the correct statement.
A)All agreements are contracts
B)A contract without consideration is valid
C)Free consent is required from one party of a contract
D)All contracts are agreements
54.Which of the following is not a special type of contract ?
A) Indemnity and guarantee
B) Bailment and pledge
C) General contract
D) Agency
55.Standard deviation is
A) A measure of dispersion
B) Absolute measure of dispersion
C) Relative measure of dispersion
D) None of these
56.The most scientific measure of dispersion is
A) Mean
B) Median
C) Geometric mean
D) None of these
57.The probability value ranges between
A) + 1 and -1
B) 0 and 1
C) Infinity
D) None of these
58.Which is an example of perfect positive correlation ?
A) 0
B) + 1
C) -1
D) .98
59.Probable error is associated with
A) Correlation
B)Regression
D)Arithmetic mean
C) Standard deviation
60.Father of rank correlation is
A) Karl Pearson
B) Gosset
C)Hurwics
D) Spearman
61.Net working capital is
A)Total current assets
B)Total current assets minus total current liabilities
C)Gross working capital
D)Permanent working capital
62.EPS stands for
A) Earnings Per Share
B)Earnings Price Share
C) Earnings Plus Share
D)Earnings Price Subtraction
63.MM approach is related to
A) Profit
B)Earnings
C)Dividend
D)Investment
64.Risk is measured with the help of
A) Mean
B) Harmonic mean
C)Standard deviation
D) Standard error
65.IMC stands for
A)Integrated Marketing Communication
B)International Marketing Communication
C)International Marketing Commission
D)Integrated Marketing Committee
66.PLC means
A) Product Life Circle
B) Production Line Control
C) Product Length Cycle
D) Product Life Cycle
67.Select the correct statement.
A)Marketing research and market research are the same
B)Consumer research and market research are the same
C)Consumer research and marketing research are the same
D)None of these
68.Goodwill is
A) Fixed asset
B) Intangible asset
C) Current asset
D) Wasting asset
69.Single entry means
A)Recording the debit aspect only
B)Recording the credit aspect only
C)Recording selected transactions only
D)Incomplete double entry
70.Fourteen Commercial Banks were nationalised in
A) 1968
B) 1969
C) 1970
D) 1972
71.Which of the following is not a current asset ?
A) Plant
B) Cash
C) Bills receivable
D) Debtors
72.Surplus means
A) Net profit
B) Excess of income over expenditure
C) Net loss
D) Gross profit
73. Prepaid expense is an example of
A) Fixed asset
B) Investment
C) Current asset
D) None of these
74.Drawing decreases
A) Capital
B) Loan
C) Current asset
D) None of these
76.Auditing means
A)Verifying arithmetical accuracy
B)Matches debit with credit
C)Increases the reliability of accounts
D)All the above
75. Bank account is aaccount.
A) Personal a/c
B) Real a/c
C) Nominal a/c
D) None of these
77.Sacrificing ratio is equal to
A) Old ratio minus new ratio
B)New ratio minus old ratio
C) New ratio minus new ratio
D)Old ratio minus old ratio
78.Select the correct statement.
A) Sales and marketing are same
B)Sales include marketing
C) Marketing include sales
D)None of these
79.Double account means
A)Preparing only one balance sheet
B)Preparing accounts under single entry system
C)Preparing two balance sheets
D)Preparing two profit and loss a/c
80.Which of the following is a feedback technique ?
A) Planning
B) Organising
C)Control
D) Direction
81.Which Missionary society started the first primary school at Kallai in Malabar ?
A)London Mission Society
B)Basel Evangelical Mission Society
C)Church Mission Society
D)Theosophical Society
82.‘Vedhadhikaraniroopanam’ is a work by
A)Sri Narayana Guru
B)Chattampi Swamikal
C)Sivayogi
D)Sudraka
83.Who founded the Samathwa Samajam
A) Dr. Palpu
B) C.V. Kunjuraman
C) Pandit K.P. Karuppan
D) Vaikunda Swamikal
84.Vaghbatananda was associated with
A) Yogakhema Sabha
B) Sadhujana Paripalana Sangham
C) Atma Vidya Sangham
D) Kochi Pulaya Mahasabha
85.‘The Islam Dharma Paripalana Samajam’ was founded by
A) Vakkom Abdul Khadir Moulavi
B)MuhammedAbdurahiman
C) Moidu Maulavi
D)Mamburam Thangal
86.The ‘Upper cloth revolt of 1859’ was started by the women folk of which community ?
A) The Nair
B)The Namboodiri
C) The Channar
D)The Ezhava
87.Among the following who was in charge of the Rani of Jhancy Regiment of the INA?
A) Ammu Swaminathan
B) Akkamma Cheriyan
C) A.V. Kuttimalu Amma
D) Lakshmi Sahgal
88.‘Athmopadesasathakam* is written by
A) Swami Anantha Theerthan
B) Ayyankali
C) Brahmananda Sivayogi
D) Sree Narayana Guru
89.Which Part of the Indian Constitution deals with the Directive Principles of State Policy ?
A) Part IV
B) Part III
C) Part VIII
D) Part XV
90.The Right to Information Act was passed in the year
A) 2001
B) 2009
C) 2014
D) 2005
91.Who was the first Director of the ‘Kerala Bhasha Institute' ?
A) K.T. Muhammed
B) N.V. Krishna Varriar
C) Abraham Joseph
D) P.N. Panikkar
92.The first Adivasi Panchayath in Kerala
A) Thirunelly
B) Edamalakkudi
C) Devikulam
D) Attappadi
93.Who started the paper ‘Mitavadi’ ?
A) C. Krishnan
B) K. Ayyappan
C) Ramakrishna Pilla
D) V.T. Bhattathirippad
94.In ‘UAPA what is the expansion of ‘U’ ?
A) Useful
B)Ultra
C)Unlawful
D)Universal
95.The first complete printed book in Malayalam language is
A) Chaturantyam
B) Varthamanapusthakam
C) Hortus Malabaricus
D) Samkshepavedartham
96.The Indian constitution had how many Schedules at the time of its adoption in 1950?
A) 10
B)12
C)8
D)15
97.‘Rajyasamacharam’, the first newspaper in Malayalam was published from
A) Kottayam
B)Nagarcoil
C)Thalassery
D)Attingal
98.Gandhiji’s first visit to Kerala was related with
A)The Khilafat-Non co-operation movement
B)The Harijan upliftment
C)The Quit India movement
D)The Vaikkom Satyagraha
99.Which Constitutional Amendment incorporated Fundamental duties in to the
Indian Constitution ?
A) 42nd
B) 1st
C) 96th
D) 69m
100.Inclusion of the educated natives in the higher grades of public services was a demand of which of these movements ?
A) Ezhava Memorial
B) Malayan Memorial
C) The Abstention Movement
D) Swadesi Movement