Cooperative Bank MCQs | Cooperative Bank Short Questions and Answers

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Questions
41 The creation of ……………………………. in 1965 was a major step towards the organisation of dairying on cooperative lines.
A National Dairy Development Board (NDDB)
B National Bank for Agricultural and Rural Development
C National Federation of Urban Cooperative Banks and Credit Societies Ltd
D National Co- operative Development Corporation

Answer: National Dairy Development Board (NDDB)
42 In 1969-70 NDDB introduced a scheme for the development of dairy co- operatives known as .. …
A White revolution
B Operation flood
C Blue revolution
D Silver river

Answer: Operation flood
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43 When Agro processing companies enter into contract with the farmers to provide the farmers with the inputs like fertilizers, seeds, pesticides and guidelines to grow crops and buy back the products with a rate specified in advance, it is known as………..
A Cooperative farming
B Collective farming
C Contract farming
D All of the above

Answer: Contract farming
44 The farmer-owned Co-operative Model with is integrated approach to production, procurement, Processing and Marketing of milk came to be known as……..
A Milma Pattern
B Anand Pattern
C Mother Pattern
D None of the above

Answer: Anand Pattern
45 The was set up in 1960 & is administered under the Multi-State Cooperative Societies Act, 2002.
A National Federation of State Cooperative Banks Ltd
B National Bank for Agricultural and Rural Development
C National Federation of Urban Cooperative Banks and Credit Societies Ltd
D National Cooperative Agriculture & Rural Development Banks’ Federation Ltd

Answer: National Cooperative Agriculture & Rural Development Banks’ Federation Ltd
46 The National Co-operative Agriculture & Rural Development Banks’ Federation was registered on ………………………..with the main objective of promoting the interests of the Long Term Co-operative Credit Structure (LTCCS) movement in the country
A 6thOctober, 1960
B 5th October,1960
C 7th October, 1960
D 8th October, 1960

Answer: 6thOctober, 1960
47 In India, the first cooperative land mortgage bank was established in 1920 at…………..
A Mumbai in Maharashtra
B Jhang in Punjab
C Chennai in Tamil Nadu
D Ajmer in Rajasthan

Answer: Jhang in Punjab
48 The ………………………. are organized in 3 tiers namely; state, central, and primary level and they meet the long term credit requirements of the farmers for developmental purposes.
A Land development banks
B Primary Banks
C Urban Cooperative Banks
D NABARD

Answer: Land development banks
49 The origins of the urban co-operative banking movement in India can be traced to the close of ………………………..
A Eighteenth century
B Twentieth century
C Nineteenth century
D Seventeenth century

Answer: Nineteenth century
50 Committee to Review Arrangements For Institutional Credit for Agricultural and Rural Development, under the chairmanship of Sri B Sivaraman recommended the establishment of ………………………
A National Federation of State Cooperative Banks Ltd
B National Bank for Agricultural and Rural Development
C National Federation of Urban Cooperative Banks and Credit Societies Ltd
D National Cooperative Agriculture & Rural Development Banks’ Federation Ltd

Answer: National Bank for Agricultural and Rural Development
51 The first DCB was established at.....in 1910.
A Mumbai in Maharashtra
B Ahmedabad in Gujarat
C Chennai in Tamil Nadu
D Ajmer in Rajasthan

Answer: Ajmer in Rajasthan
52 ……………………..is the vertex of the pyramidal structure in a State for the provision of short and medium term credit to agriculturists on cooperative basis.
A District Central Cooperative Banks
B Primary Agricultural Credit Societies
C State Cooperative Banks
D All of the above

Answer: State Cooperative Banks
53 A …………………. also acts as a balancing center and clearing house for the central cooperative banks.
A State cooperative bank
B District Central Cooperative Banks
C Primary Agricultural Credit Societies
D All the above

Answer: State cooperative bank
54 The Urban Credit Cooperatives are also commonly known as ……………….
A Urban Cooperative Banks
B Cooperative Banks
C National Banks
D None of the above

Answer: Urban Cooperative Banks
55 The cooperative credit institutions in the country may be broadly classified into..
A Primary Agriculture Credit Societies and District Level Cooperative Banks
B District Level Cooperative Banks and State Cooperative Apex Banks
C Urban credit cooperatives and rural credit cooperatives
D None of the above

Answer: District Level Cooperative Banks and State Cooperative Apex Banks
56 With regard to short-term credit cooperatives, at the central level……………………….. act as a link between primary societies and State Cooperative Apex Banks.
A District Level Cooperative Banks
B Primary Cooperative Agriculture and Rural Development Banks
C State Cooperative Agriculture and Rural Development Bank
D None of the above

Answer: District Level Cooperative Banks
57 The ……………………… controls the cooperative banks that falls under the banking regulation act of 1949.
A Reserve Bank of India
B NABARD
C National Cooperative Union of India
D None of the above

Answer: Reserve Bank of India

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