Cooperative Bank MCQs | Cooperative Bank Multiple Choice Questions and Answers

Questions
1 Co-operative movement originated first in
A Germany
B England
C France
D Spain

Answer: England
2 ‘One man one vote’ principle was recommended by ---------- Committee
A Gorwala
B Mac Lagan
C Minto Morley
D Montague Chelmsford

Answer: Mac Lagan

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3 The members of a Co-operative Society have ------- liability
A Limited
B Unlimited
C Joint
D Joint and Several

Answer: Limited
4 Which of the following organizational structure is followed by Co-operatives in India?
A Unitary Structure
B Federal Structure
C Centralized Structure
D Decentralized Structure

Answer: Federal Structure
5 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: Companies Act, 1956
6 PACS is
A Primary Agricultural Cooperative Society
B Primary Association of Credit Societies
C Primary Agricultural Credit Society
D Primary Assocation of Credit Societies

Answer: Primary Agricultural Credit Society
7 DCCBs stands for
A District Central Cooperative Banks
B Director of Central Cooperative Bank
C Danish Credit Cooperative Bank
D Dane Creative Cooperative Band

Answer: District Central Cooperative Banks
8 NAFED stands for
A National Agricultural Cooperative Marketing Federation
B National Agricultural and Fisheries Marketing Federation
C National Association of Fisheries Marketing Federation
D National Apex Federation

Answer: National Agricultural Cooperative Marketing Federation
9 The ………………. Established in 1958 has been playing an important role in the development of cooperative marketing in India.
A National Agricultural Cooperative Marketing Federation
B National Agricultural and Fisheries Marketing Federation
C National Association of Fisheries Marketing Federation
D National Apex Federation

Answer: National Agricultural Cooperative Marketing Federation
10 The National Cooperative Consumers’ Federation was established during the………Plan.
A First five year
B Second five year
C Third five year
D Fourth five year

Answer: Fourth five year
11 DCCWSs stands for
A District Consumer Cooperative Wholesale Stores
B District Credit Cooperative Workers
C District Consumer Credit Workers
D District Consumer Credit Wholesalers

Answer: District Consumer Cooperative Wholesale Stores
12 NCHF stands for
A National Cooperative Housing Federation of India
B National Credit Housing Federation
C National Consumer Housing Federation
D National cooperative Housing Finance

Answer: National Cooperative Housing Federation of India
13 The Jute industry is one of the major industries in ……………
A Gujarat
B Tamil Nadu
C West Bengal
D Haryana

Answer: West Bengal
14 NCCT stands for………………
A National Centre For Cooperative Training
B National Council For Cooperative Training
C National Council For Cooperation And Training
D National Centre And Council For Cooperative Training

Answer: National Council For Cooperative Training
15 VAMNICOM stands for …………..
A Vaikund Mehta Institute Of National Cooperation And Management
B Vaikund Mehtha National Institute Of Cooperative Management
C Vaikund Mehtha National Institute Of Cooperation And Management
D Vaikund Mehta National Institute Of Cooperative Management And Research

Answer: Vaikund Mehtha National Institute Of Cooperative Management
16 NCCE stands for……………….
A National Council for Cooperative training and Education
B National Council for Cooperative Education and Training
C National Council for Cooperative Education
D National Centre for Cooperative Education

Answer: National Council for Cooperative Education
17 NCUI stands for …………………….
A National Central Union of India
B National Cooperative Union of India
C National Council for Cooperation in India
D National Cooperative Union India

Answer: National Cooperative Union of India
18 Apex Society means --------- level society
A National
B State
C District
D Village

Answer: State
19 The President of a Co-operative Society is
A Owner
B Employees
C Officer
D Adviser

Answer: Officer
20 Interest Rate of Deposits of a Co-operative Credit Societies are fixed by
A Registrar
B Government
C RBI
D General Body

Answer: Registrar
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