SECRETARY,PRIMARY CO-OPERATIVE SOCIETIES KERALA PSC 12-03-2016

SECRETARY,PRIMARY CO-OPERATIVE SOCIETIES

EXAM DATE:12/03/2016
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CODE NO:985/16

Each Questions carries half mark

Marks:80(160 x1/2)

1.The word co-operation is derived from the ----------word ‘co-operari’

A.Latin*

B.Greek

C.Roman

D.Italian

Ans:A

2.Members of ICA are national

A.Leaders

B.Federations*

C.Banks

D.Associations

Ans:B

3.Registration of co-operative societies is

A.Optional

B.Not required

C.Compulsory*

D.Avoided

Ans:C

4.Co-operative flag should be hoisted with------colour at top

A.Red*

B.Violet

C.Orange

D.Green

Ans:A

5.RRBs should get recommendation ------for opening branches.

A.RBI*

B.NABARD
C.Registrar of co-operatives

D.Minister

Ans:A

6.District level and State level societies are called------------societies.

A.Secondary

B.Primary

C.Apex

D.Rural

E.None of these*

Ans:E

7.National level apex co-operative agricultural marketing society is

A.MARKETFED

B.CONSUMERFED

C.NAFED*

D.NCCF

Ans:C

8.Uncalled capital is also known as capital.

A.Reserve*

B.Primary

C.Authorized

D.Initial

Ans:A

9.Stock is a consolidation of shares.

A.Reserve

B.Partly paid

C.Uncalled

D.Fully paid*

Ans:D

10.Dividend is calculated on the capital

A.Reserve

B.Partly paid

C.Paid-up*

D.Issued

Ans:C
11.Bull clubs are the dairy co-operatives established in

A.Denmark*

B.Italy

C.Germany

D.U.S.A

Ans:A

12.Schuiz was a pioneer of co-operative movement in

A.Denmark

B.Italy

C.Germany*

D.U.S.A

Ans:C

13.COINS is a co-operative organization dealing --------------business in co-operatives

A.Marketing

B.Dairy

C.Banking

D.Insurance*

Ans:D

14.Securitisation law is applicable to co-operative

A.Marketing societies

B.Dairy societies

C.Banks*

D.Colleges

Ans:C

15.Multi Unit Co-operative Societies Act was enacted in the year

A.2000

B.2001

C.1991

D.1942*

Ans:D

16.Co-operative credit organizations in Japan are called

A.KOH*

B.KOH-TOKU

C.Wh

D.Hevrat

Ans:A

17.NCCE is functioning under the control of

A.NCUI*

B.Government

C.Registrar

D.Secretary

Ans:A
18.The apex body that gives training to co-operative personnel is

A.NCUI

B.VAMNICOM*
C.NCCT

D.ICM

Ans:B

19.NCUI was organized in the year

A.2000

B.1949

C.1991

D.2002

E.None of these*

Ans:E

20.State Co-operative Union Kerala is established as per the

A.State Co-operative Societies Act*

B.TU Act

C.Companies Act

D.RBI Act

Ans:A

21.CAMPCO is a ----------marketing and processing co-operative society.

A.Ayurvedic

B.Arecanut*

C.Agro

D.Animal

Ans:B

22.RAIDCO is engaged in the distribution of machineries.

A.Ayurvedic

B.Arecanut

C.Agro*

D.Animal meat processing

Ans:C

23.The Kerala State Handloom Weavers Co-operative Society was formed on

A.27-04-1961*

B.31-03-1998

C.27-01-1961

D.31-01-1998

Ans:A

24.The tribal development programme in co-operative sector is

A.LIGHTS

B.LAMPS*

C.CAMPCO

D.Coir co-operative

Ans:B

25.In co-operative societies------is the primary motive.

A.Profit

B.Service*

C.Profit and service

D.Survival

Ans:B

26.The first supermarket was formed in the year--------in New Delhi

A.2000

B.1960*

C.1991

D.1966

Ans:B

27.NFCF is a national federation in ----------sector.

A.Farming

B.Fabric

C.Ferry

D.Fishing

E.None of these*

Ans:E

28.Mehta Committee on Co-operative administration was appointed in the year

A.1963*

B.1993

C.1969

D.1964

Ans:A

29.----------is known as the cradle of co-operative movement.

A.Denmark

B.England

C.Germany*

D.U.S.A

Ans:C

30.MARKETED is the apex marketing ----------in the State.

A.Bank

B.Association

C.Labour union

D.Federation*

Ans:D

31.The most important income of a bank is

A.Commissions

B.Locker rent

C.Interest*

D.Registration fee

Ans:C

32.Cash credit is a form of

A.Commissions

B.Deposit

C.Advance*

D.Investment

Ans:C

33.Assets which do not carry more than normal credit risk is known as

A.Standard asset*

B.Risk asset

C.Loss asset

D.Contingent asset

Ans:A

34.Savings bank deposit is a to the bank

A.Asset

B.Deposit

C.Liability*

D.Investment

Ans:C

35.Final account  of a banking company consists of

A.Assets

B.Trading a/c

C.Liabilities

D.P & L a/c and balance sheet*

Ans:D

36.According to income recognition,interest on NPA should be recognized on  --------basis.

A.Accrual

B.Standard

C.Actually received*

D.Expiry

Ans:C

37.Banks pay maximum rate of interest on-----account.

A.Current

B.Savings bank

C.Loan

D.Fixed deposit*

Ans:D

38.Buy back of equity shares is a method of capital

A.Restructuring

B.Redemption

C.Reserve

D.Realisation*

Ans:D

39.IPO means initial

A.Private offer

B.Private order

C.Public offer*

D.Public order

Ans:C

40.Right shares are issued to

A.Promoters

B.Directors

C.Debenture holders

D.Existing shareholders*

Ans:D

41.Test checking is done when there is an effective ----------system.

A.Accounting*

B.Internal check

C.Perpetual inventory
D.Vouching

Ans:A

42.Current audit file consists of matters of

A.Future importance

B.Past year

C.The year of audit*

D.Current account

Ans:C

43.Civil liability of an auditor implies liability for

A.Fraud

B.Misappropriation of cash

C.Theft

D.Misfeasance

E.None of these*

Ans:E

44.Under peer review the audit work of an auditor is reviewed by another

A.Friend

B.Employee

C.Auditor

D.Director*

Ans:D

45.First auditors are appointed by

A.Share holders

B.Employees

C.Board of directors

D.Government*

Ans:D

46.Auditors are liable under

A.Companies Act only

B.Income Tax Act only

C.Common Law

D.A,B and C*

Ans:D

47.Remuneration of company auditors are fixed by

A.Share holders*

B.Registrar of companies

C.Board of directors

D.Government

Ans:A

48.------------voucher is the duplicate of original voucher.

A.Collateral*

B.Primary

C.Original

D.Best

Ans:A

49.Internal audit is considered as a service to the

A.Employee

B.Management*

C.Auditor

D.Government

Ans:B

50.Audit conducted as per the provisions of law is –audit.

A.Statutory*

B.Continuous

C.Internal

D.Social

Ans:A

51.In a joint stock company the audit report is submitted to

A.Share holders

B.Employees

C.Board of directors*

D.Accountant

Ans:C

52.Pre-arranging and co-ordinating the audit work is called

A.Audit planning

B.Audit programme*

C.Internal Check

D.Internal audit

Ans:B

53.Audit notebook is also  called audit

A.Planning

B.Programme

C.Memorandum*

D.Activity

Ans:C

54.Errors of omission are

A.Errors of principle

B.Technical errors

C.Clerical errors*

D.A,B and C

Ans:C

55.Payment for building purchased should be vouched with

A.Cash book

B.Building account

C.Title deed*

D.Bank account

Ans:C

56.Purchase of land is a

A.Revenue receipt

B.Capital receipt

C.Revenue expense

D.Capital expense*

Ans:D

57.Special audit is necessary for -------business enterprise.

A.Inefficient*

B.Efficient

C.Manufacturing

D.Trading

Ans:A

58.The audit conducted between two annual audit is---------audit.

A.Interim*

B.Efficiency

C.Internal

D.Continuous

Ans:A

59.Tests of control are not concerned with ----------of controls

A.Existence

B.Effectiveness

C.Designing

D.Continuity*

Ans:D

60.”Teeming and lading”is also known as

A.Looping

B.Lapping*

C.Embezzlement

D.Hacking

Ans:B

61.RRBs are sponsored by---------banks

A.Foreign

B.Private

C.Nationalised*

D.Scheduled

Ans:C

62.One of the methods of qualitative credit control is:

A.Bank rate policy

B.CRR

C.Open market operation

D.Credit rationing*

Ans:D

63.Centralised Online Realtime Electronic Banking is known as

A.Core Banking*

B.Net Banking

C.Real time gross settlement

D.IT banking

Ans:A

64.When banker is the trustee,customer is the

A.Trust

B.Agent

C.Beneficiary*

D.Executor

Ans:C

65.Banks generally give overdraft facility through -------------account.

A.Current*

B.Fixed

C.Savings bank

D.Term deposit

Ans:A

66.Image-based clearing system used for faster clearing of cheques is

A.EFT

B.Cheque truncation*

C.MICR

D.CORE banking

Ans:B

67.The first bank in India was started in the year:

A.1786

B.1886

C.1887

D.1787

E.None of these*

Ans:E

68.The Banking Regulation Act was passed in the year

A.1786

B.1949*

C.1887

D.1950

Ans:B

69.HDFC Bank is a ----------sector bank.

A.Nationalised

B.Private*

C.Public

D.Old

Ans:B

70.When banks sell insurance products it is called

A.Insurance

B.Assurance

C.Secured insurance

D.Bankassurance*
Ans:D

71.ATM stands for

A.Any Time Money

B.Auto Tele Machine

C.Automated Teller Machine*

D.Anywhere Transaction Money

Ans:C

72.At the time of inflation the Central Bank -------government securities.

A.Sells

B.Purchases*

C.Redeems

D.Transfers

Ans:B

73.Lien is the right of a creditor to retain the of the property of his debtor

A.Power to sell

B.Possession*

C.Ownership

D.Power to purchase

Ans:B

74.When banker collects cheques of his customer the banker acts as his

A.Debtor

B.Agent*

C.Beneficiary

D.Executor

Ans:B

75.The first factoring service was started in India by

A.RBI

B.SBI*

C.SBT

D.SIB

Ans:B

76.Banking Ombudsman Scheme was introduced for the -----------of grievances of bank customers.

A.Redressal*

B.Promotion

C.Avoidance

D.Recommendation

Ans:A

77.SIDBI was set up in the year

A.1989*

B.1949

C.1987

D.1950

Ans:A

78.---------------cheque bears a date earlier than the date of issue.

A.Post-dated

B.Multilated

C.Ante-dated*

D.Invalid

Ans:C

79.The -----------is necessary to constitute a special crossing

A.Double crossing

B.Two parallel lines

C.Name of the bank*

D.Account payee

Ans:C

80.Negotiable Instruments Act was passed in the year

A.1981

B.1982

C.1881*

D.1781

Ans:C

81.As per-------------every member of a society shall exercise his vote in person.

A.Section 21*

B.Section 20

C.Section 22

D.Section 23

Ans:A

82.A member can take shares in a society to the extent of-------------of the total share capital.

A.One fourth

B.One third

C.One sixth

D.One fifth*

Ans:D

83.President of a co-operative society is elected by the ----------from among themselves.

A.Employees

B.Members

C.Executives

D.Managing Committee*

Ans:D

84.Kerala State Co-operative Union is the custodian of co-operative

A.Employee’s fund

B.P.F.Fund

C.Education fund*

D.Society’s documents

Ans:C

85.---------of the Co-operative Societies Act deals with audit of accounts of the societies.

A.Section 63*

B.Section 64

C.Section 23

D.Section 22

Ans:A

86.Every society has to pay audit fee within one month of receipt of audit certificate to the

A.Chartered Accountant

B.Government

C.Secretary

D.Managing Committee*

Ans:D

87.As per----------every Cooperative Society in Kerala is to affiliated to State Co-operative Union.

A.Section 61

B.Section 71

C.Section 91

D.Section 90*

Ans:D

88.The Headquarters of Co-operative Tribunal is constituted under

A.Section 61

B.Section 71*

C.Section 80

D.Section 81

Ans:B

89.Under Rule 176,the Registrar can --------------any resolution of any meeting of any society.

A.Review

B.Repeal

C.Revoke

D.Rescind*

Ans:D

90.Formal expression of a decision of Civil Court,which is not a decree is

A.Order

B.Repeal

C.Review

D.Direction*
Ans:D

91.A------------is a formal complaint filled by plaintiff before a Civil Court.

A.Summons

B.Appeal

C.Plaint

D.Representation*

Ans:D

92.An associate member is admitted in a society as per --------of the KCS Act.

A.Section 18*

B.Section 19

C.Section 20
D.Section 81

Ans:A

93.The members of a co-operative  society have----------liability.

A.Unlimited

B.No liability

C.Limited liability*

D.Restricted liability

Ans:C

94.All social welfare societies are exempted from

A.Registration

B.Audit fees*

C.Penalty

D.Liability

Ans:B

95.Inspection of books of accounts of a society is made by ------------as per Section 66

A.Registrar*

B.Minister

C.Secretary

D.President

Ans:A

96.Circle Co-operative Union is constituted by government notification in the

A.Leading newspaper

B.Hindu

C.Gazette*

D.Registrar’s office

Ans:C

97.Powers of the Co-operative Service Examination Board are enlisted in --------of the Act.

A.Rule 182 and 182 A*

B.Rule 183

C.Section 55

D.Section 56

Ans:A

98.Execution of awards is the duty of

A.Registrar*

B.Minister

C.General body

D.Civil court

Ans:A

99.Amendment of the bye-law of a society is dealt with--------at KCS Act.

A.Section 9

B.Rule 12

C.Section 12 and Rule 9*

D.Section 10

Ans:C

100.Multi State Co-operative Societies Act was enacted in the year

A.1981

B.1982

C.1988

D.1984*

Ans:D

Instruction for Question N.101 and 102:Give Antonyms for the following words.

101.Artificial

A.Red

B.Natural*

C.Truthful
D.Solid

Ans:B

102.Subservient

A.Aggressive*

B.Straightforward

C.Dignified

D.Supercillous

Ans:A

Instruction for Question No.103 and 104:Give Synonyms for the following words:

103.Canny

A.Obstinate

B.Clever*

C.Handome

D.Petty

Ans:B

104.Error

A.Misadventure

B.Blunder*

C.Misgiving

D.Ambiguity

Ans:B

105.To keep ones temper

A.To become hungry

B.To be aloof from

C.To preserve ones energy

D.To be in good mood*

Ans:D

106.Scarcely had I completed the paragraph -----------the lights went off.

A.When*

B.Then

C.Are

D.Than

Ans:A

107.He does not interfere without ----------completed.

A.Unless

B.Being he is

C.Unless he were

D.Being*

Ans:D

Instruction for Question No.108 and 109.Error correction

108.Underwater archaeology has huge potential as it could be a time consuming and costly way to study the past.

A.As it is

B.But it is*

C.Since it could be

D.But it could be

Ans:B

109.The employees hope that the management would concede their demands.

A.Would concede to their

B.Will concede to its

C.Will concede to their*

D.Will concede with their

Ans:C

110.You-----------drive so fast,we have plenty of time.

A.Will not

B.Had not

C.Need not*

D.Would not

Ans:C

111.Many companies see technology as a---------for a whole host of -----------problems.

A.Panacea,business*

B.Linking,social

C.Preference,educational

D.System,domestic

Ans:A

112.Thanks to its rebirth in the TV series the ----------word has returned to vogue in --------------contexts of horrors.

A.Used,responded

B.Archaic ,related*

C.Current,close

D.French,English

Ans:B

113.One must not be--------------by failure because it is often said that failure is the stepping stone to success.

A.Influenced

B.Disheartened*

C.Affronted

D.Discipline

Ans:B

114.Tolerance is -----------for peaceful relations among the members of a society.

A.Empowerment

B.Apparent*

C.Redundant

D.Imperative

Ans:B

Direction for Questions 115 and 116:I the following questions a sentence has been sequentially broken into four parts;identify that part of the sentence which has an error and mark its alphabet as the answer,if there is no errors choose the option(E)

115.One must be diligent in doing his duty.

A.One must

B.Be diligent

C.In doing

D.His duty*

Ans:D

116.My brother intends joining in the Air Force after graduation

A.My brother

B.Intends joining in*

C.The Air Force

D.After graduation

Ans:B

Direction for Question 117 and 118:In the following questions a part of a given sentence is underlined.Correct the sentence with the  proper choices given below;if there is no correction required;make it as option(E)

117.Students would have no real learning about the context in which rice is grown

A.Student would have no real learning

B.Students would have had no real learning

C.Students have no real learning*

D.Students would have real learning

Ans:C

118.Since the Chief Minister did not approve with their demands,the employees decided to intensify their strike.

A.Approve of*

B.Approve in

C.Approve on

D.Approve at

Ans:A

119.The river Nile is the longest river of Africa and is considered the ------------of Egypt and Sudan

A.Lifestyle

B.Lifespan

C.Lifeblood*

D.Inspiration

Ans:C

120.The knowledge economy is a concept abused by hype,but it does---------some truth about the trajectory  of economics with higher per capita incomes.

A.Brief

B.Capture*

C.Seize

D.Picture

Ans:B

121.In the Deccan Region,most of the river systems flowing generally in---------direction fall in to Bay of Bengal.
A.East*

B.West

C.South

D.North

Ans:A

122.Census 2011 is the 15^th Census of India since

A.1891

B.1951

C.1847

D.1872*

Ans:D

123.The song Jana-gana-mana composed originally in Bengali by Rabindranath Tagore,was adopted in its Hindi version as the National Anthem of India on

A.27^th December 1911

B.24^th January 1950*

C.22^nd July 1947

D.25^th August 1951

Ans:B

124.The Republic is governed in terms of the Constitution,which was adopted by Constituent Assembly on

A.26^th January,1950

B.26^th October,1948

C.26^th September,1947

D.26^th November 1949*

Ans:D

125.The Government of India established Lalit Kala Academy(National Academy of Arts)at New Delhi on

A.5^th August 1956

B.5^th August 1962

C.5^th August 1954*

D.15^th July 1955

Ans:C

 126.Mahatma Gandhi National Rural Employment Guarantee Act came in to force on

A.7^th September 2005*

B.17^th October 2006

C.27^th July 2007

D.16^th August 2008

Ans:A

127.Indian Military Academy is situated at:

A.Gaya

B.Pune

C.Chennai

D.Dehradun*

Ans:D

128.The Right of Children to Free and Compulsory Education(RTE)Act,2009 became operative in the country on

A.1^st April,2010*

B.2^nd October 2010

C.1^st April,2011

D.22^nd February 2012

Ans:A

129.G.B.Pant Institute of Himalayan Environment and Development is headquartered at

A.Mohal-kullu

B.Srinagar

C.Kosi-Katarmal*

D.Pangthang

Ans:C
130.Maternal Mortality Ratio(MMR)is defined as the number of maternal deaths per-------live births.

A.100

B.1000

C.10,000

D.1,00,000*

Ans:D

131.The book entitled ‘A brief History of Time’was written by

A.Stephen Hawking*

B.Virgina Johnson

C.Amar Bose

D.Douglas

Ans:A

132.The biggest country in the world in terms of area is

A.Brazil

B.China

C.Canada

D.Russia*

Ans:D

133.The Capital of Serbia is

A.Monaco

B.Rabat

C.Belgrarde*

D.Colombo

Ans:C

134.The currency of Botswana is

A.Riel

B.Pula*

C.Peso

D.Birr

Ans:B

135.The International Court of Justice is headquartered at

A.Netherlands*

B.U.S.A.

C.Sweden

D.Belgium

Ans:A

136.Which Indian language is also an official language of Singapore?

A.Hindi

B.Bengali

C.Marathi

D.Tamil*

Ans:D

137.The 97^th Constitutional amendment is related to

A.Language

B.Co-operatives*

C.Panchayat Raj

D.Taxes

Ans:B

138.Name the new(2014)Financial Inclusion Scheme announced by the Prime Minister of India

A.Make in India

B.Clean India

C.Jan Dhan*

D.Small Banks

Ans:C

139.Who won the 2014 Miss World contest?

A.Rolene Strauss*

B.Edina Kulcsar

C.Aishwarya Rai

D.Megan Young

Ans:A

140.Who won the 2014 Nobel Prize for Economics?

A.John O’keefe

B.Hiroshi Amino

C.Eric Betzig

D.Jean Tirole*

Ans:D

141.How is Raja’s mother-in-law’s only daughter’s son related to Raja?

A.Son*

B.Brother

C.Nephew

D.Uncle

Ans:A

142.How is my mother’s only son in-law’s sister related to me?

A.Mother-in-law

B.Mother

C.Aunt*

D.Cousin

Ans:C

143.How is my father’s brother’s only sibling’s mother related to me?

A.Mother
B.Grandmother

C.Cousin*

D.Daughter

Ans:C

144.One morning Murugan observed that his shadow is falling to his right,which direction is he facing?

A.North

B.South*

C.East

D.West

Ans:B

145.Sukumar travels 7 km towards south and then 5 km towards his left.He further travels 5 km towards south.How far is he from the starting point?

A.13 km

B.9 km

C.23 km

D.10 km

Ans:-----

146.Kalpana travels 12 km towards east,then 8 km towards north and finally 6 km,towards west.How far is she from the starting point and in which direction?

A.10 km and North-east*

B.10 km and North-west

C.18 km and North-west

D.24 km and North-east

Ans:A

147.Find the odd man out.

A.Cat

B.Dog

C.Tiger

D.Elephant*

Ans:D

148.Find the odd man out

A.20

B.72

C.42

D.90*

Ans:D

149.Find the odd man out.

A.India:Rupee

B.USA:Dollar

C.Kuwait:Dinar

D.Australia:Pound*

Ans:D

150.Find the series:5,5,10,30,120,600,------

A.4200

B.1800

C.2400

D.3600*

Ans:D

151.Complete the following series D,F,H,J,L,N,----------

A.O

B.Q

C.P*

D.R

Ans:C

152.Complete the following series

QN,RP,TS,WW,--------FH

A.AC
B.XB

C.AB*

D.YC

Ans:C

153.Find  the value:27:216::64:--

A.216

B.1331

C.512*

D.729

Ans:C

154.Soft:Hard::Cold:-----

A.Hot*

B.Shirt

C.Gloves

D.Fingers

Ans:A

155.In a certain code language,if the word SANDWICH is coded as ADSHCIWN,then how is the word GEOMETRY coded in that language?

A.EGMRTYEO

B.EMGRYTEO

C.EMGRYETO

D.EMGYRETO

E.EMGYRTEO*

Ans:E

156.In a certain code language,if FRAME=48 and HURDLE=74,then FIGMENT=?

A.74

B.89

C.91

D.87

E.81*

Ans:E

157.Find the answer:9 x 4/6-6+8=?

A.10

B.28

C.14

D.8*

Ans:D

158.Find the answer:560% of 70+70% of 560=?

A.516

B.860

C.784*

D.378

Ans:C

159.How many times do the hands of a clock coincide in a day?

A.20

B.21

C.24

D.22*

Ans:D

160.If 20% of X=Y,then Y% of 20 is the same as:

A.5% of X

B.4% of X*

C.20% of X

D.25% of X

Ans:B