Post: Junior Laboratory Assistant/ Laboratory Technician Gr.II Answer
Department: Apex Societies of Cooperative sector in Kerala, Kerala State Hand loom Weaver's Cooperative Society Limited (HANTEX)
Category Code: 225/17, 226/17
Qualification: BA/B.Sc/B.Com Degree with HDC/HDC&BM or JDC, B.Sc (Cooperation and Banking), B.Com with Cooperation
Question Paper Code: 75/18
Date of Test: 10-07-2018
If you find mistakes, comment below
- Kerala Co-operative Milk Marketing Federation (KCMMF), popularly called ‘MILMA’ was established in _____ with its head office at Trivandrum for the successful implementation of ‘Operation Flood’ Programme in Kerala.
- May, 1988
- April, 1980
- January, 1988
- December, 1988
- The _____ founded in 1844, is usually considered the first successful co-operative enterprise, used as a model for modem coops.,
- The Fenwick Weavers' Society
- Co-operative League of the USA
- International Co-operative Alliance
- Rochdale Society of Equitable Pioneers, (RCEP)
- Expand CICED, which was established in order to enhance education quality in developing countries.
- Centre for Indian Co-operative Education and Deployment
- Centre for International Co-operation in Education Development
- Commissioner of Indian Co-operative Education Department
- Consortium for International Co-operation in Education Development
- The first Scheduled Bank in the Co-operative sector was the
- Malabar Grameen Co-operative Bank
- Cochin Central Co-operative Bank
- KSCB
- Kollam District Co-operative Bank
- The _____ was the first international association formed (1895) by the cooperative
movement which includes the World Council of Credit Unions.
- International Co-operative Alliance
- The National Co-operative Business Association
- International Raiffeisen Union
- Co-operative League of the USA
- Who was a social reformer and pioneer of the cooperative movement?
- David Dale
- George Kurian
- Robert Owen
- William King
- A _____ is a cooperative that is run by and for a network of volunteers, for the benefit of a defined membership or the general public, to achieve some goal.
- Volunteer co-operative
- Network co-operative
- Social Co-operative
- General co-operative
- Co-operative flag was designed by
- The Central Government
- ICA
- NCCT
- International Co-operative Union
- National Agricultural Co-operative Marketing Federation of India Ltd. (NAFED) was established on the auspicious day of Gandhi Jayanti on _____
- 2nd October, 1948
- 2nd October, 1958
- 2nd October, 1968
- 2nd October, 1978
- Cooperative Development Services was founded in 1985 by
- Robert Owen
- David Dale
- Rod Nilsestuen
- William King
- Who undertakes the responsibility of providing Co-operative Education and Training in Kerala?
- Central Co-operative Training Institute
- State Co-operative Union
- Central Co-operative Union
- SIDBI
- “Circle Co-operative Union” means a circle co-operative union constituted under Section _____
of the Kerala Co-operative Societies Act.
- 2
- 22
- 88
- 66
- _____ means a society having jurisdiction over one or more Revenue Districts but not the whole of the State as its area of operation, and having as its members only other societies and declared as such by the Registrar or the Government.
- Central society
- Apex society
- District Co-operative Society
- Regional society
- “_____ member” means a member who possesses only such privileges and rights of a member and who is subject only to such liabilities of a member as may be specified in the bye-laws.
- Active or vibrant
- Nominal or associate
- Sleeping or dormant
- Member by estoppel or holding out
- The number of applicants for registration of a society shall not be less than
- Ten, each of such person being a member of a different family.
- Twenty-five, each of such person being a member of same family.
- Ten each of such person being a member of same family.
- Twenty-five, each of such person being a member of a different family.
- The following one is not a reason for the Cancellation of registration certificates of societies :
- Where the whole of the assets and liabilities of a society are transferred to another society in accordance with the provisions of section-14.
- Where two or more societies are amalgamated into a new society in accordance with the provisions of Section-14
- Where a society is divided into two or more societies in accordance with the provisions of Section-14.
- None of these.
- Every member of a society shall exercise his vote :
- in person
- by proxy
- Both "in person" & "by proxy"
- None of these
- Co-operative Arbitration Court refers to a court formed under Section _____of the Act.
- 70
- 70A
- 80
- 81A
- The committee of a society may, at any time, call a special general body meeting of the society and shall call such meeting within one month :
- from such number of members
- after receipt of a requisition in writing from the Registrar
- a proportion of the total number of members, as may be prescribed.
- All these
- The Government may provide money to a society for the purchase of shares in other societies with limited liability. It is
- Direct partnership of Government in societies
- Indirect partnership of Government in societies
- Both "Direct partnership of Government in societies" & "Indirect partnership of Government in societies"
- None of these
- The following one is not true in respect of A society : It shall, out of its net profits in any year,
- Transfer an amount not being less than fifteen per cent of the net profits to the reserve fund;
- Credit such portion of the net profits, not exceeding five per cent, as may be prescribed, to the Co-operative Education Fund referred to in clause (xix) of subsection (2) of Section 109.
- Pay, in the case of a Central Society, including a District Cooperative Bank, dividend to its members, on their paid up share capital such rate not exceeding twenty per cent.
- None of these
- The _____shall by notification in the official Gazette, appoint a person to be the Director of Co-operative Audit with jurisdiction over the whole of the State.
- Registrar
- Co-operative Union
- Government
- Apex society
- The Central Institute of Coir Technology is at
- Bangalore
- Chennai
- Trivandrum
- Alappuzha
- The year in which the Kerala State Co-operative Societies Act was passed in Kerala
- 1969
- 1912
- 1956
- 2013
- The Kerala Co-operative Societies (Amendment) Act was passed in :
- 1969
- 1978
- 1971
- 2013
Question Error
- Who published the publication "Co-operator" in England?
- Robert Owen
- William King
- Federic Tailor
- Schultz Delittech
- Who can convene the last general body of a society?
- The Liquidator
- The Members
- The Government
- The Registrar
- The term "Co-operation" is derived from the _____ word ‘Co-operari’ which means _______.
- Latin, to work
- French, to save
- German, to collect
- English, to help
- Equitable distribution of surplus is one of the pivotal principles followed by
- An HUF
- A Company
- A Partnership firm
- None of these
- Only a person who has attained the age of _____ years can become a member in a co-operative society.
- twenty one for full membership and fifteen for minors
- twenty one for full membership and eighteen for beneficial members
- twenty one
- eighteen
- The birth of Co-operative movement is in
- Germany
- Canada
- Netherlands
- None of these
- The Co-operative Farming Societies come under the category of
- Agricultural Non-Credit Co-operative Society
- Agricultural Credit Co-operative Society
- Rural Credit Society
- Primary Society
- Gaya diary brand's owner is
- Gujarat State Milk Producers Union
- Bihar State Government
- Bihar State Milk Producers Union
- Gujarat State Government
- Who was the first Co-operative Minister of Kerala?
- Baby John
- E.M. Sankaran Naboothiripad
- Joseph Muntaserry
- None of these
- Mention the name of Kerala Handicraft Apex Co-operative Societies.
- Handloom
- Hantex
- Surabhi
- Kera
- The year in which Matsya fed is registered as a Co-operative institution :
- 1984
- 1974
- 1994
- 1995
- Who started urban banks in Italy?
- Dr. William King
- Lusy Lussati
- Kotthrochi
- Robert Owen
- KRIBHCO is an
- International Co-operative Institution
- Interstate Co-operative Institution
- Intrastate Co-operative Institution
- Integrated Co-operative Institution
- D. R. Gadgil is well known as the _____
- Father of co-operation
- Father of co-operation in England
- Preparer of co-operative principles
- Father of co-operative commonwealth
- Who took over the activities of Agricultural Refinance & Development Corporation stopped its functions in 1982?
- Co-operative Union
- NABARD
- ICA
- RBI
- Headquarters of NAFED is situated at :
- Geneva
- Washington
- England
- New Delhi
- Section _____of the Kerala Co-operative Societies Act gives provisions relating to winding up of bank coming under DICGC.
- 74A
- 81
- 93
- 44AA
- When can a member exercise his right to withdraw his share from a cooperative society?
- Cannot withdraw
- After five years
- After three years
- None of these
- National Centre for Co-operative Education is located at :
- Gujarat
- New Delhi
- Haryana
- Dehradun
- Which Committee recommended for the formation of Farmers Service Co-operative Society?
- Kurian Committee
- SC Misra Committee
- Subramanian Committee
- T.A. Pai Committee
- Narasimham Committee (1975) recommended for the formation of :
- Regional Rural Banks
- Small Farmers Development Society
- Co-operative Education Fund
- Co-operative Union
- The year in which the National Policy on Co-operation is declared in India :
- 2000
- 2001
- 1999
- 1988
- Expand CRAFICARD :
- Committee to Review Arrangements for Institutional Credit for Agricultural and Rural Development
- Committee to Review Aid for Institutional Credit for Agricultural and Rural Development
- Committee to Review Arrangements for Institutional Credit for Agricultural and Regional Development
- None of these
- The area of activities of a Circle Co-operative Society is limited :
- District
- The Entire State
- Interstate
- Taluk level
- Vaikunt Mehta National Institute of Co-operative Management is located at :
- New Delhi
- Bengaluru
- Pune
- Ahmedabad
- In a Co-operative society Revenue Fund is created out of
- Net Profit
- EBIT
- Gross Profit
- Divisible profit
- Sputnik is the first Co-operative Societies Movement in
- India
- Nepal
- Russia
- China
- During inflation the value of currency
- Increases
- Remain constant
- Decreases
- Can't say
- Overvaluation of closing stock at the time of preparing P & L A/c will result in _____ statement of reported profit.
- Fair
- Under
- Over
- Any of these
- Salaries outstanding of the previous year which is paid during the year is ______ to the current year.
- Payment Liability
- Asset
- Income
- Expenditure
- An error in accounting transaction which cannot be detected by checking the trial balance as its effect is neutralised by another error is called :
- Error of principle
- Error of Commission
- Compensating error
- Error of omission
- A type of goodwill which is directly related to reputation in the name of the institution is called:
- Stag goodwill
- Dog goodwill
- Cat goodwill
- Rat goodwill
- The fixed element of working capital is called :
- Hardcore working capital
- Gross working capital
- Positive working capital
- Redundant working capital
- Expenses due but not paid is a ______ account.
- Real
- Nominal
- Personal
- Contra
- Convention of consistency states that :
- All possible losses should be taken into account on accrual basis.
- Same accounting principles should be followed over a series of years to make the accounts comparable.
- All possible profits should be taken into account on accrual basis.
- All possible losses and should be taken into account on accrual basis.
- District Co-operative banks are also called
- Co-operative Central Bank
- Apex Co-operative Bank
- Urban Central Bank
- District Central Bank
- The process of thoroughly checking the collected data to ensure optimal quality level is referred to as :
- Classification
- Entry
- Editing
- Validation
- The ability of a concern to meet its long term liabilities as and when it becomes due is called :
- Profitability
- Liquidity
- Solvency
- Turnover
- Which is a capital expenditure?
- Research and Development Project
- Project Generation
- Project Expansion
- All of these
- When a person transacts with a company on matters which is beyond the powers of the company, the person will be governed by the Doctrine of
- Constructive Notice
- Indoor Management
- Memorandum of Undertaking
- Memorandum of Association
- Under _____method of valuation of shares, from the market value of assets the amount of external liabilities and preference share capital is deducted and the result is divided by the number of equity shares.
- Yield
- Super profit
- Intrinsic value
- Net asset value
- An extra commission paid by the consignor to the consignee for guaranteeing credit sales is called
- Error of Commission
- Del credere commission
- Overriding commission
- Manager's commission
- The sequence of accounting procedures repeated each accounting year to record and summarise business transactions is called
- Business Cycle
- Accounting Cycle
- Trade Cycle
- Receivable Cycle
- Assets exhausted in the process of earning revenue are called
- Fictitious
- Intangible
- Contingent
- Wasting
- The customs and traditions followed by the accountants for the preparation of the financial statements :
- Accounting conventions
- Accounting concepts
- Accounting standards
- Accounting principles
- A situation when a firm gets a profit lower than the average profit of the industry is called :
- Undercapitalisation
- Overcapitalisation
- Optimum capital structure
- Optimum capitalisation
- The trial balance is prepared either by _____or by ______method.
- Balance, total
- Profit, average
- Total, profit
- Average, balance method
- A debit note is prepared by the _____ of goods when he returns some of the goods purchased.
- Debtor
- Creditor
- Seller
- Purchaser
- Trade discount is recorded :
- In the P&L A/c
- In the Balance Sheet
- Both in the P&L A/c and Balance sheet
- Nowhere
- _____ is the expenditure of a revenue nature, the benefit of which lasts for more than one accounting year.
- Capital Expenditure
- Revenue Expenditure
- Recurring Expenditure
- Deferred Revenue Expenditure
- That part of subscribed capital set apart to be called only at the time of liquidation of a company is called :
- Capital Reserve
- Reserve capital
- Risk capital
- Redundant capital
- The type of depreciation by which the value of an asset is reduced due of change in technology or fashion is called
- Amortisation
- Depletion
- Obsolescence
- Fluctuation
- ______ is the amount received by non-profit making organisations on the death of a person as per his will.
- Legacy
- Honorarium
- Donation
- Pre-emptive right
- _____ is the amount of profit earned by a concern over and above the normal return expected on its investment.
- Average profit
- Revenue profit
- Capital profit
- Super profit
- Calls-in-advance is a/an ____ to a company.
- Loss
- Liability
- Asset
- Profit
- Which of the following was the leader who not participated of Nivarthana Agitation?
- C. Kesavan
- N.V Joseph
- P.K Kunju
- G.K Pillai
- The first session of the Praja Mandal is held at _____in January 1942.
- Irirnjalakuda
- Cochin
- Vaikom
- Kottayam
- Antyodaya Anna Yojana was launched in _____
- December 25, 2000
- December 25, 2001
- December 23, 2000
- December 23, 2001
- The Nobel Prize Winner for Medicine 2016
- William C. Campbell
- Yoshinori Ohsumi
- May Britt Moser
- Edvard Moser
- The Article in the Constitution which gives the Primary Education in Mother Tongue :
- Article 348
- Article 350
- Article 352
- Article 354
- On whose recommendation was the Constituent Assembly formed?
- Government of India Act, 1935
- Cripp’s Mission, 1942
- Cabinet Mission plan,1946
- Mountbatten Plan, 1947
- The first state to become bifurcated after Independence was
- Bombay
- Madras
- Bengal
- Hyderabad
- Who is the present Chairman of the National Commission for Protection of Child Rights (NCPCR)?
- Kushal Singh
- Sruti Narain Kacker
- Kanwar Singh
- Kiran Bedi
- In which state of India the famous festival of Hornbill celebrated?
- Manipur
- Nagaland
- Meghalaya
- Arunachal Pradesh
- First Modern factory for the manufacture of coir was opened at Alleppey during the period of
- Utram Thirunal Marthanda Varma
- Ayilyam Thirunal
- Sri Mulam Thirunal
- Sri Chithira Tirunal
- Who says the Revolutionary message ‘No Caste, No Religion, No God for Man’?
- Sahodaran Ayyappan
- Chattampi Swamikal
- Ayyan Kali
- V.T. Bhattathirippad
- First Chief Minister of Kerala from a Backward Community was
- R. Shanker
- C.H. Muhammed Koya
- K. Karunakaran
- Pinarayi Vijayan
- The Protection of Women from Domestic Violence Act (PWDVA) came into force on
- 26th October, 2004
- 26th October, 2005
- 26th October, 2006
- 26th October, 2007
- Name the First women Magazine published in Kerala.
- Lakshmi Bai
- Vidhya Vinodini
- Mahila
- Suguna Bodhini
- _____ was the Thakazhi Sivasankaran Pillai’s work.
- Brantalayam
- Enippadikal
- Moodupadam
- Kondayil Ninnu Kurusilekku
- Which of the following the Iron lady of Kerala?
- Annie Mascarene
- A. V Kuttimalu Amma
- Akkamma Cheriyan
- Lalitha Prabhu
- Who has been appointed the new Chairman of Cauvery Water Dispute Tribunal?
- Justice Kasthuri Rangon
- Justice Balbir Singh Chauhan
- Justice Abhay Manohar Sapre
- Justice Bala Krishnan
- The Historic site 'Hampi' is located in which of the following states :
- Tamil Nadu
- Karnataka
- Andhra Pradesh
- Maharashtra
- Who was crowned as the 65th Miss Universe, held on 30th January, 2017?
- Iris Mittenaere
- Raquel Pelissier
- Andrea Bezde Kova
- Connie Jimenez
- Sheikh Mohammed bin Zayed al Nahyan was the chief guest of 68th Republic day celebration. He was the crown prince of
- Bahrain
- Qatar
- United Arab Emirates
- Saudi Arabia
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