I.Read each sentence to find out whether there is
any error in it.The error if any,will be in one part of the sentence.The number
of that part is the answer.
1.1)Our
teacher say 2)If you study sincerely 3)You will be able 4)To get good marks
A.1
B.2
C.3
D.4
Ans:A
2.1)No
sooner did 2)The thief enter the house3)Than the policeman 4)Arrests him
A.1
B.2
C.3
D.4
Ans:D
3.1)The
Doctor was 2)Prevented to visit 3)The patients in 4)The other hospitals
A.1
B.2
C.3
D.4
Ans:B
II.Fill
in the blanks in the following sentences by selecting the most appropriate alternative from among the four given under each
sentence.
4.I
do not like such friend…………….come to me only for selfish purposes.
A.Who
B.Which
C.As
D.That
Ans:C
5.He
cannot pass……………he works hard.
A.So
long as
B.Unless
C.So
long
D.Without
Ans:B
6.The
greater is the size,the more does it cost because the price on size.
A.Depends
B.Rests
C.Counts
D.Dwells
Ans:A
III.Out
of the alternatives given select the word which closely fits each definition.
7.Some
thing that must happen and cannot be avoided.
A.Inimitable
B.Invariable
C.Inevitable
D.Inscrutable
Ans:C
8.A
thing which catches fire easily
A.Callous
B.Inflammable
C.Impatient
D.Effervescent
Ans:B
IV.Each
of the following questions consist of an incomplete sentence.Each sentence is
followed by a series of lettered words one of which best completes the sentence.Select
the word that best completes the meaning of each sentence.
9.Democracy…………….some
values which are fundamental to the realisation of the dignity of man.
A.Cherishes
B.Harbours
C.Nourishes
D.Nurtures
Ans:A
10.There
are many different options about the matter.It is a………..issue.
A.Curious
B.Convertible
C.Credential
D.Controversial
Ans:D
V.Choose
the correct preposition and fill in the blanks.
11.The
boy fell down when he was climbing …………..the tree.
A.On
B.Up
C.Over
D.Into
Ans:B
12.The
children laughed…………..him.
A.Over
B.Off
C.At
D.Of
Ans:C
VI.In
each of the following choose the correctly spelt word.
13.A.Medeavial
B.Mediaeval
C.Mediaval
D.Medevial
Ans:B
14.A.Liesure
B.Leisure
C.Lesuire
D.Leizure
Ans:B
VII.Write
the correct verb form.
15.The
police …………..investigating the murder case.
A.Is
B.Was
C.Are
D.Has
Ans:C
16.He…………five
Indian languages and he is good at all of them.
A.Know
B.Knows
C.Knowing
D.Has
known
Ans:B
VIII.Choose
the option that is the most appropriate Antonyms to the given word.
17.Obscure
A.Ambiguous
B.Murky
C.Blurry
D.Obvious
Ans:D
18.Unique
A.Commonsi
B.Exclusive
C.Rare
D.Matchless
Ans:C
IX.Find
the appropriate meaning word for the underlined word in the sentence from the
options.
19.The
party decided with consensus upon his nomination for the post of
President.
A.Controversy
B.Dispute
C.Discussion
D.Common
agreement
Ans:D
20.The
veracity of his statement could not be proved.
A.Truthfulness
B.Untruthfulness
C.Justifiability
D.Sincerity
Ans:A
21.The
2017 North East Film Festival(NEFF)started at Film Archive of India.In which of
the following cities is National Film Archive of India situated?
A.Shillong
B.Chennai
C.Delhi
D.Pune
Ans:D
22.’SBI
Exclufix’is a wealth management system newly launched by SBI.In which of the
followingstates was it launched?
A.Kerala
B.Karnataka
C.Gujarat
D.Madhya
Pradesh
Ans:A
23.Whom
did Roger Federer defeat in the Australian open tennis tournament to grab his
18lh Grand slam?
A.Novak
Djokovic
B.Andy
Murray
C.Rafael
Nadal
D.Stan
Wawrinka
Ans:C
24.On
which day is anti-leprosy day observed?
A.January
24
B.January
30
C.October
2
D.October
30
Ans:B
25.Who
won the 2016 ‘Global Indian of the Year’ Award?
A.Balbir
Sing
B.Narendra
Modi
C.Priyanka
Chopra
D.Aishwarya
Rai Bachan
Ans:D
26.What
is the maximum age for joining ‘Atal Pension Yojana’Scheme?
A.30
yrs
B.40
yrs
C.50
yrs
D.60
yrs
Ans:B
27.When
was ‘Antyodaya Anna Yojana’launched?
A.August
15,2000
B.December
25,2000
C.August
15,2002
D.December
25,2002
Ans:B
28.Which
of the following welfare schemes aim at slum free India?
A.Pradhan
Mantri Gramin Awaas Yojana
B.Bharat
Nirman
C.Rajiv
Awaas Yojana
D.Valmiki
Ambedkar Awaas Yojana
Ans:C
29.Which
is the trust Area of Prime Minister Rozgar Yojana?
A.Old
age people
B.Unemployed
youth
C.Destitue
women
D.Differently
abled population
Ans:B
30.World
wetland day is observed in
A.February
2
B.March
22
C.May
22
D.June
8
Ans:A
31.When
did Demonetisation of Indian Currencies happened last?
A.October
25,2016
B.November
8,2016
C.November
9,2016
D.November
25,2016
Ans:B
32.IFSC
is the short form of
A.Institute
of Financial Service and Commerce
B.Indian
Farmers Service Company
C.Indian
Financial System Code
D.Indian
Fisheries Science
Ans:C
33.CRR
denotes for
A.Credit
and Ripo Ratio
B.Cash
Credit Reserve Ratio
C.Compulsory
Reverse Ripo
D.Cash
Reserve Ratio
Ans:D
34.Which
place in Kerala began the first butterfly park in Asia?
A.Devikulam
B.Agastyamala
C.Pookode
D.Thenmala
Ans:D
35.Which
place is known as Holland of Kerala?
A.Punalur
B.Kanjikodu
C.Kuttanad
D.Kochi
Ans:C
36.Who
founded the News paper,The Indian Mirror?
A.Devendra
Nath Tagore
B.Rabindra
Nath Tagore
C.Raja
Ram Mohan Roy
D.M.K.Gandhi
Ans:A
37.Whose
memoir is ‘Pokkuveyil Mannilezhuthiyathu’?
A.M.T.Vasudevan
Nair
B.O.N.V.Kurup
C.Sugatha
Kumari
D.S.K.Pottekkattu
Ans:B
38.In
which River bank.Maramon Conventions’ held
A.Meenachilar
B.Kalladayar
C.Periyar
D.Pamba
Ans:D
39.City
of Golden Temple is
A.Amritsar
B.Jaipur
C.Bhuvaneswar
D.Medhura
Ans:A
40.Where
do you find Cheetah’s apart from Africa?
A.India
B.Myanmar
C.China
D.Russia
Ans:A
41.Find
out the odd one from the below series
331,482,551,263,383,362,284
A.263
B.383
C.331
D.551
Ans:B
42.Find
out the odd one from the below series
Book,Paper,Penicl,Sharpener
A.Book
B.Paper
C.Pencil
D.Sharpener
Ans:A
43.Which
one of the letter groups given below would replace Question mark(?)in the
letter series?
YCL,MQZ,AEN,?.
A.OSB
B.PUE
C.MPX
D.OTC
Ans:A
44.A
man started to walk in West.After moving a distance,he turned to his
right.After moving a distance,he again turned his right.After moving a
little,he turned in the end to his left.Now in which direction is he going?
A.East
B.West
C.North
D.South
Ans:C
45.If
a man walks at the rate of 5 km/hr, he misses train by 7 minutes.However,if he
walks at the rate of 6 km/hr,he reaches his station 5 minutes before the
arrival of train.Find the distance covered by him to reach his station.
A.4
km
B.6
km
C.5
km
D.7
km
Ans:B
46.A
200 m long train passes a 300 m long platform in 5 seconds.If a man is walking
at a speed of 4 m/s along the track and the train is 100 m away from him,how
much time will it take to reach the man?
A.Less
than 1 sec
B.1.04
sec
C.More
than 2 sec
D.Data
insufficient
Ans:A
47.K
is the brother of Y.Y is the wife of Z.Z is the son of W.W is the wife of
V.What is V to Y?
A.Father
in law
B.Son
in law
C.Mother
in law
D.Brother
in law
Ans:A
48.There
were 40 students in a mess.Due to admission of 10 new students,the expenses of
mess were increased by Rs.150/day.While the average expenditure per head
diminishedby Rs.8.00.What was the
original average expenditure of the mess?
A.Rs.42
B.Rs.58
C.Rs.60
D.Rs.55
Ans:D
49.Two
vessels A and B contains milk and water in the ratio 5:1 and 5:2
respectively.Find the ratio in which these two mixtures should be mixed to get
a new mixture of milk and water in the ratio 4:1?
A.18:7
B.17:8
C.18:8
D.17:7
Ans:A
50.A
sum of money amounts to Rs.3,150 in one year and Rs.3,300 in second year at
simple interest.The interest rate per annum is
A.5%
B.100/21%
C.50/11%
D.10%
Ans:A
51.If
BLOCKED:YOLXPVW::?:OZFMXS
A.DEBATE
B.RESULT
C.LABOUR
D.LAUNCH
Ans:D
52.Choose
the pair from among given options which represents an intimate relation
A.Stage:Drama
B.Stadium:Game
C.Geetanjali:Bengali
D.Mushaira:Urdu
Ans:D
53.The
shade of 18 ft.high pole is 20 ft.Find the length of the shadeof 27 ft.Long pole.
A.36
ft.
B.30
ft.
C.34
ft.
D.40
ft.
Ans:B
54.The
following series of numerals which digit has maximum frequency?
846
73 43 78 3 445 63 46 4348
A.8
B.6
C.4
D.3
Ans:C
55.ACFJ:ZXUQ::EGIN:?
A.VUSQ
B.VRPM
C.UTRP
D.VTRM
Ans:D
56.If
+ means/,- means x,x means +,/ means -,then
90+18-6x30/4=?
A.64
B.65
C.56
D.48
Ans:C
57.How
many meaningful English words can be formed with the letters P C Y O using all
the letters,but each letters only once in each word?
A.None
B.One
C.Two
D.Three
Ans:B
58.’HC
is related to ‘KQ’in a certain way simultaneously’OG’is related to ‘AB’ in the
same way.To which of the following is ‘RK’related by following the same
pattern?
A.TJ
B.SI
C.TI
D.HD
Ans:A
59.Find
the next number of the following series.
276,140,68,36,?
A.60
B.12
C.15
D.14
Ans:A
60.Which
word does not belong with others?
A.Parsley
B.Basil
C.Dill
D.Mayonnaise
Ans:D
61.The
first Co-operative magazine”The Co-operator’published by
A.Robert
Owen
B.Dr.William
King
C.Edward
Law
D.Sarayia
Ans:B
62.Head
Quarters of ICA shifted to Geneva in the year
A.1980
B.1992
C.1984
D.1986
Ans:D
63.’People
Bank of Northern India’was written by
A.C.R.Fay
B.Dupernix
C.S.S.Puri
D.H.Calvert
Ans:B
64.Vydhiyanadhan
Committee appointed in the year
A.1999
B.2004
C.2005
D.2006
Ans:B
65……………is
the wholesale Society of Denmark.
A.FDB
B.ALKA
C.KOH
D.LUR
Ans:A
66.Rural
Electrification Corporation is the recommendation of
A.Survey Committee
B.CRAFICARD
C.Rural
Credit Review
D.Mirdha
Committee
Ans:C
67.Linking
of credit with marketing is related to……………principle of Co-operation.
A.Concern
for community
B.Open
membership
C.Co-operation
among Co-operatives
D.Co-operative
education training and information
Ans:C
68.COINS
related to
A.EducationalCo-operative Society
B.Consumer
Co-operative Society
C.Insurance
Co-operative Society
D.Credit
Co-operative Society
Ans:C
69.’KERAMILK’is
the brand name of the product produced by
A.SPCS
B.RUBCO
C.Kerala
Dinesh Beedi Workers Central Co-operative Society
D.KERAFED
Ans:C
70.ICDP
was implemented by NCDC with the financial assistance of
A.NABARD
B.Central
Government
C.Both
A and B
D.RBI
Ans:C
71.Name
of the institution which operate the MASK
A.SBI
B.RBI
C.KSCB
D.NABARD
Ans:C
72.In
Kerala Longterm Credit Co-operatives and Housing Co-operative are having
……………tier
structure.
A.Two
B.Three
C.Unitary
D.Four
Ans:A
73.The
year in which DCB and KSCB are permitted to issue loans to individuals.
A.1969
July
B.1983
March
C.1984
July
D.1976
April
Ans:B
74.The
area of operation of PCARDB is confined to
A.One
District
B.One
Panchayath
C.One
Taluk
D.One
Block
Ans:C
75.Price
fluctuation fund is created by……………Co-operative Societies.
A.Labour
Contract
B.Marketing
C.Credit
D.Housing
Ans:B
76.Consumer
Co-operative stores in India are called
A.Wartime
babies
B.Depression
babies
C.Oppression
babies
D.None
of these
Ans:A
77.Nutri-ko
is the brand name of Coconut oil produced by
A.Kerafed
B.Rubco
C.Marketfed
D.Milma
Ans:B
78.Which
one of the following is not related to consumerfed?
A.Triveni
stores
B.Neethi
stores
C.Nanma
stores
D.Maveli
stores
Ans:D
79.Operation
flood schemes are financed by
A.NCDC
B.NDDB
C.NAFED
D.NCCF
Ans:B
80.NCDC
Act was passed in the year
A.1963
B.1962
C.1961
D.1960
Ans:B
81.The
change in the value of current Assets is called
A.Loss
B.Profit
C.Depreciation
D.Fluctuation
Ans:D
82.Narration
is associated with
A.Journal
B.Ledger
C.Balance
Sheet
D.P
& L Account
Ans:A
83.Debit
Note is prepared by
A.Buyer
B.Seller
C.Debtor
D.Creditor
Ans:A
84.Assets
acquired for long term operations of a business.
A.Fixed
B.Current
C.Floating
D.Fictitious
Ans:A
85.A
person who owes money to the business is called
A.Debtor
B.Creditor
C.Supplier
D.Owner
Ans:A
86.Which
of the following account shows a credit balance?
A.Carriage
Inward
B.Carriage
outward
C.Discount
allowed
D.Discount
received
Ans:D
87.Which
of the following accounts always shows a debit balance?
A.Capital
B.Sales
C.Purchases
D.Cash
Ans:D
88.In
a sole trader’s Balance Sheet Assets are arranged in the order of
A.Permanency
B.Liquidity
C.Profitability
D.Priority
Ans:B
89………..is
the book of original entry in a Co-operative Society
A.Day
book
B.General
ledger
C.Purchases
book
D.Journal
Ans:A
90.The
purpose of creating provision is a
A.Known
liability
B.Unknown
liability
C.Known
loss
D.Unknown
loss
Ans:A
91.Purchased
goods from Manoj is Rs.20,000 at 20% trade discount.Posting will be made
Manoj’s Account
A.Debit
side Rs.20,000
B.Credit
side Rs.20,000
C.Debit
side Rs.16,000
D.Credit
side Rs.16,000
Ans:D
92.The
item wages and salaries debited to
A.Trading
B.P
& L Account
C.Cash
Account
D.Bank
Account
Ans:A
93.The
term depreciation is related with ………………assets.
A.Current
B.Intangible
C.Fixed
D.Factitious
Ans:C
94.Capital
expenditures are recorded in
A.Trading
Account
B.Profit
and Loss Account
C.Balance
Sheet
D.Capital
Account
Ans:C
95.Amount
spent on erection of a new machinery is a ………..expense.
A.Capital
B.Revenue
C.Fixed
D.Nominal
Ans:A
96.The
best system for maintaining petty cash book is
A.Imprest
system
B.Cash
system
C.Double
locking system
D.Mixed
system
Ans:A
97.Undistributed
portion of net profit is a
A.Assets
B.Liability
C.Income
D.Loss
Ans:B
98.Trial
Balance is a
A.An
account
B.Statement
C.Subsidiary
book
D.Ledger
Ans:B
99…………..account
is related with rectification of accounting error.
A.Suspense
account
B.Rectification
account
C.Adjustment
account
D.Noneof these
Ans:A
100.Proprietor
of the business withdraw goods from business for private use it will be posted
to the
A.Credit
of drawing account
B.Debit
of purchases account
C.Credit
of purchasing account
D.None
of these
Ans:C
101.The
date and year in which the Kerala Co-operative Societies Act.1969 came into
force
A.12-05-1969
B.13-06-1969
C.15-05-1969
D.12-07-1969
Ans:C
102.In
a Society Special General Body meeting is convened as per Section
A.29
B.30
C.27
D.31
Ans:B
103.Officer
appointed to publish election voters list of Co-operative Societies.
A.Returning
Officer
B.Registrar
of Co-operative Societies
C.Secretary
of Society
D.Electoral
Officer
Ans:D
104.The
dispute between two Co-operative Societies is decided by
A.Government
B.Registrar
of Co-operative Societies
C.Arbitrator
D.Unit
Inspector
Ans:C
105.The
employees of the District Co-operative Banks are recruited by
A.PSC
B.Banking
Recruitment Board
C.Registrar
of Co-operative Societies
D.Bank
Director Board
Ans:A
106.Section
related to the Byelaw amendment in a Co-operative Society
A.10
B.12
C.16
D.9
Ans:B
107.The
Jurisdiction of a Circle Co-operative Union is
A.One
District
B.One
Grama Panchayath
C.One
Village
D.One
Taluk
Ans:D
108.Associate
member means
A.Minor
B.’A’
class member
C.’B’class
member
D.Nominal
member
Ans:D
109.Co-operative
Education and Training in Kerala is responsibility of the
A.Co-operative
Department
B.State
Co-operative Union
C.State
Co-operative Bank
D.Co-operative
Parallel College
Ans:B
110.An
employee of a Co-operative Society is entitled to get a maximum of % Bonus.
A.8
1/3%
B.15%
C.20%
D.25%
Ans:C
111.Who
publishes the final voters list in the election to the committee of a
Co-operative Society?
A.Returning
Officer
B.Election
Commissioner
C.Electoral
Officer
D.Presiding
Officer
Ans:C
112.Annual
General Body of a Co-operative Society shall be held with in a period of
……………months of close of the financial year.
A.6
B.10
C.8
D.9
Ans:C
113.State
Co-operative Election Commission is Constitutedas per Sec……………of the KCS Act.
A.28
A
B.28
AA
C.28
AB
D.28
B
Ans:D
114.Who
conduct the election of representative General Body of a Co-operative Society?
A.Registrar
B.Co-operative
Election Commission
C.Government
D.None
of these
Ans:B
115.The
annual statement of accounts of each year shall be prepared by Chief Executive
with in …………from the date of the close of the financial year.
A.One
month
B.Three
months
C.Six
months
D.30
days
Ans:A
116.The
maximum amount of Co-operative Education fund to be contributed by a
Co-operative Society
A.Rs.10,000
B.Rs.25,000
C.Rs.40,000
D.Rs.60,000
Ans:D
117.The
Vigilance Officer is appointed by Government as per Sec of the KCS Act.
A.66
A
B.68
A
C.69
A
D.70
A
Ans:B
118.Which
Section of the KCS Act empowers the Registrar to issue direction to the
Committee of the Society to suspend its officers?
A.68
A
B.66
B
C.66
A
D.69
A
Ans:B
119.Monetary
disputes shall be referred to
A.Government
B.RCS
C.Tribunal
D.Arbitration
Court
Ans:B
120.Appeal
before Co-operative Tribunal shall be filed within …………..days from the date of
receipt of such order.
A.30
B.20
C.60
D.90
Ans:C
121.Members
save money compulsorily and lend it among themselves is a distinct feature of
A.SHG
B.JLG
C.MFI
D.BC
Ans:A
122…………..is
a payment under taking,given by a bank on behalf of a buyer to pay to a seller
for a given amount of money on presentation of specified documents representing
the supply of goods.
A.Pay
order
B.Demand
draft
C.Letter
of credit
D.All
of the above
Ans:C
123.Which
of the following is not an agency service of banks?
A.Sale
of Insurance
B.Mutual
Funds
C.Government
business
D.Safe
custody of valuables
Ans:D
124.The
period of first phase of Financial Sector reforms is
A.1990-91
to 1997-98
B.1991-92
to 1997-98
C.1992-93
to 1998-99
D.1992-93
to 1997-98
Ans:B
125.NABARD
has its Head Quarters at
A.Madras
B.Mumbai
C.New
Delhi
D.Kanpur
Ans:B
126.Which
of the following is not a part of the owned funds?
A.Paid
up share capital
B.Capital
reserve
C.Common
good fund
D.Overdue
interest reserve
Ans:D
127.Co-operative
Banks were brought under the ambit of the regulation of the Reserve Bank of
India in
A.1949
B.1961
C.1965
D.1966
Ans:D
128.Asset
Liability Managementis a part of
A.Risk
Management
B.Inter
Branch Reconciliation
C.Fund
Management
D.None
of the above
Ans:A
129.POS
refers to
A.Post
Office Savings
B.Point
of Sale
C.Point
of Service
D.Position
of Outstanding Sale
Ans:B
130.Banker
Customer Relationship ends where
A.The
customer dies
B.The
customer becomes insane
C.The
customer become’s insolvent
D.All
of these
Ans:D
131.Bank
which are started as a part of twenty point programme is
A.NABARD
B.RRB
C.SBI
D.HDFC
Ans:B
132.A
bill signed by one person without any consideration is called…………..bill
A.Trade
B.Accommodation
C.Special
D.Clean
Ans:B
133.The
bank draft is drawn by
A.Bank
B.Customer
C.Trader
D.Agent
Ans:A
134.A
cheque bears a date which is yet to come is called………….cheque.
A.Antedated
B.Postdated
C.Stale
cheque
D.All
of these
Ans:B
135.General
Crossing is defined in Section of……..NI Act.
A.15
B.5
C.123
D.134
Ans:C
136.A
payment which fulfill all the conditions laid in the instrument is called
A.Payment
in due course
B.Payment
in advance
C.Payment
to owner
D.Conditional
payment
Ans:A
137.Money
in the currency chest belong to
A.Central
Government
B.State
Government
C.RBI
D.CommercialBanks bill
Ans:C
138.MICR
code consist of …………digits.
A.9
B.8
C.6
D.10
Ans:A
139.IFSC
means
A.Indian
Financial System Code
B.Indian
Fund System Code
C.Indian
Financial Security Code
D.Indian
Fund Security Code
Ans:A
140……………is
the second item to be appeared under capital and liabilities in the Balance
Sheet of a banking Company.
A.Capital
B.Deposits
C.Reserve
and surplus
D.Borrowings
Ans:C
141.Who
is the head of department of Co-operative Audit in Kerala?
A.Registrar
of Co-operative Society
B.Director
of Co-operative Audit
C.Director
of State Audit
D.Additional
Director of Co-operative Audit
Ans:B
142………………helps
to easy and quick detection of errors.
A.Continuous
Audit
B.Interim
Audit
C.Test
Audit
D.Partial
Audit
Ans:A
143.Who
conducts the Audit in State Government Department?
A.Accountant
General
B.Chartered
Accountant
C.State
Audit Department
D.Registrar
of Co-operative Societies
Ans:A
144.The
first duty of the Auditor is to
A.Checking
of receipts
B.Verification
of cash balance
C.Reading
of bye-laws
D.Copying
of opening balance
Ans:B
145.Purchased
furniture is recorded in purchase a/c is an example of
A.Errors
of principle
B.Compensating
errors
C.Duplicating
errors
D.Errors
of emission
Ans:A
146.Teaming
and Lading is an example of
A.Misappropriation
of cash
B.Manipulation
of accounts
C.Misaapropriation
of goods
D.None
of these
Ans:A
147.Cost
price or market price whichever is lower is a basic principles of valuation of
A.Copyright
B.Fixed
Asset
C.Closing
stock
D.Bad
debits
Ans:C
148.Which
is a depreciation charging method?
A.Annuity
method
B.Base
stock method
C.Last
in first out method
D.None
of these
Ans:A
149.Salient
features of Co-operative Audit is
A.Test
Audit
B.Interim
Audit
C.Final
Audit
D.Cost
Audit
Ans:A
150.Auditor
is a watch dog and not a
A.Teacher
B.Blood-hound
C.Detective
D.None
of these
Ans:B
151.Which
is the upper limit of dividend that can be paid to members of a Co-operative
Society as per KCS Act?
A.10%
B.15%
C.20%
D.25%
Ans:D
152.Transportation
charges to bring an asset purchased for office use
A.Revenue
Expenditure
B.Capital
Expenditure
C.A
Profit
D.None
of these
Ans:B
153.Prepaid
rent is treated as
A.Asset
B.Liability
C.Loss
D.None
of these
Ans:A
154.The
duties of an Auditor includes
A.Check
the arithmetical accuracy
B.Verification
of assets and liabilities
C.Verification
of cash balance
D.All
of these
Ans:D
155.Co-operative
Audit is not only a Financial Audit but also an …………audit.
A.Concurrent
Audit
B.State
Controlled Audit
C.Administrative
Audit
D.None
of these
Ans:C
156………….is
an essence of Audit.
A.Vouching
B.Verification
C.Inquiry
D.Inspection
Ans:A
157.In
a credit Co-operative Society,Audit fee is calculated in the basis of
A.Paid
up Share Capital
B.Working
Capital
C.Sales
Proceeds
D.Gross
Income
Ans:B
158.Auditor’s
plan of action is known as
A.Audit
Report
B.Audit
Note Book
C.Audit
Manual
D.Audit
Programme
Ans:D
159.The
procedure for conducting audit in different type of Societies are specified in
the
A.Audit
Manual
B.Bye-law
C.Audit
Note
D.KCS
Act
Ans:A
160.Odd one out
A.Sinking
Fund
B.Reserve
Fund
C.Education
Fund
D.Member
Relief Fund
Ans:A
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