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Cooperative Bank MCQs | Cooperative Bank Multiple Choice Questions and Answers

(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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