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withdraw his shares after a the person who supply capital to it is period of (a) The going concern concept (a) One year 1. The collection of all account is (b) The cost concept (h) Two year known as ............. (a) Journal (c) The matching concept (c) Three year (d) The business entity concept (d) Five year (b) Ledger 16. Audit of accounts by the staff of 29. Annual report of a society is (c) Trial Balance approved by (d) Balance sheet the business is known as (a) Private audit (a) Board of Directors 2 . .......... represents the investment (b) Registrar made by the owners in the (b) Internal audit business (c) Statutory audit (c) General Body (d) Cost audit (d) Auditor (a) Asset 17. Examining the documentary 30. A society cannot be admit (b) Capital evidence to ascertain the (c) income members within ......days before (d) Profit authority of entries in the books the date of general body meeting of accounts is known as convened for election 3. Bank a/c is a ...........A/c (a) Vouching (a) Real (a) 60 (b) Investigating (b) 30 (b) Personal (c) Auditing (c) 90 (c) Nominal (d) Accounting (d) 45 (d) Expense 4. Fixed instalment method of, 18. The method of organizing the 31. A member of society shall be expelled up on a Resolution depreciation is also called a accounting system in such a way method that the work done by one under person is automatically checked (a) The Annual General Body (a) YSn-a-ight Line method by another is known as passing simple majority (b) Revaluation Method (h) The Board of Directors (a) Internal audit (c) Annuity Method (b) Internal control passing simple majority (d) Written down value method (c) The special General Body (c) Internal check 5. Evidence of dishonour of a bill of (d) Routine checking covered and passing simple exchange is got through. 19. The plan of action prepared by majority (a) Endorsement the audit for before commencing (d) The special General Body (b) Acceptance the work of audit is called .......... covered and passing 2/3 majority (c) Noting (a) Audit Programme 32. The Bye-law of Co-operative (d) Discounting Society can be amended by (b) Audit Note Book 6. A cheque is crossed with the (a) The General Body passing (c) Audit File name of a bank it is a .......... simple majority (d) Audit working paper (a) Special crossing 20. The audit fee of a Transport (b) The General Body passing by (b) General crossing 2/3 majority Society is calculated on (c) Account payee crossing . (c) The direction of the (a) Working Capital (d) Not negotiable crossing Registrar (b) Hire charges collected and 7. Mr. Ra%i endorsed a cheque as pay (d) 2/3 majority of the Board of Vimal if I am transferred. This is sale proceeds of articles Directors (c) Sale proceeds an example of .......endorsement 33. When the Registrar refuses to (d) Gross income (a) Blank 21. 'Modern Technique require a register a society applied for (b) Restrictive he shall registration new approach to the practical (c) Conditional communicate the order of aspect of the auditor's work (d) Sans Resource refusal within .........days quoted 8. An amount of Rs. 1000/- paid for (a) 15 days of such order (a)Thylor and Perry wages to erect machinery was (b) B. B. Bose (b) 7 days of such order debited to wages account. This (e) 20 days of such order (c) A. K. Chanda is an example of ......... (d) 30 days of such order (d) Spicer and Pegler (a) Clerical error (b) Compensating error 22. Profit which are not earned 34. The constitution of Tribunal by the Government is done under (c) Error of omission through trading are called (a) S.80 B and Rule 95 (a) Gross profit (d) Error of principle (b) S.81 (2) and Rule 95 (b) Net profit 9. In which case drawee and (c) S.81 (1) and Rule 95 acceptor is the same person (c) Capital profit (d) S.81 and Rule 94 (a) Promissory note (d) Past profit 23. The judgment that an 'Auditor is 35. The friendly society was started (b) Bill of exchange not a Valuer' was given in in (c) Cheque (a) London and General Bank (a) 1792 (d) Ilundi . (b) 1892 case 10. Stock -in-trade is valued at cost (c) 1782 (b) Lee Vs Nauchatel Asphelete price or market price which (d) 1772 even is lower. This practice Co. Ltd. Case . (c) Kingston Cotton mills case 36. The number of copies of adopts ......... proposed bye-laws of the society (d) Union Bank of Allahabad (a) Conservatism to be accompanied with the . case (b) Dual aspect concept application for registration is 24. The floating asset is (c) Matching concept (a) Machinery (a) One (d) Money measurement (b) 1\vo (b) Stock concept (c) Four (c) Building 11. A promissory note is drawn by (d) Three (a) The crtor edi (d) Patents 25. The process of misappropriating 37. A person who has been holding (b) The debtor the post of District Judge can be cash received from the debtor The banker appointed as the without entering it in his (d) The wholesaler (a) Registrar account is known as 12. Which is fictitious asset (h) 'l'rihunal (a) Lapping (a) Good will (c) Returning Officer (b) Endorsing (b) Preliminary expense Liquidator Teaming and Lading (c) Patent right 38. An officer appointed to decide a (d) Concentrating (d) Copy right dispute in a co-operative society 13. In case of annuity method, the 126. The simplest device for audit is called work is amount of depreciation is (a) Liquidator (a) Routine checking (a) Increasing every year (b) Sale Officer (h) Audit Programme (b) Fixed for all the years (c) Arbitrator (c) Vouching (c) Decreasing every year (d) Registrar (d) Internal check (d) Increasing in the first two 27. The right to expel a member 39. The punishment can be imposed years by the president of the society to under sec. 17 of KCSA 1969 is 14. Journal the clerk of the society is vested with (a) Books of original entry (a) Censure (a) Board of Directors (b) Source document (b) Fine (b) Registrar Collection of all accounts (c) Dismissal (c) General body (d) None of these (d) 1)emotion (d) President 15. The accounting concept, a business unit is separate from 28. Normally a member can 40. The resolution for amendment of

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bye laws shall be sent to the (a) 1910 66. The system introduced to help registrar within (b) 1911 the farmers from the delay of (a) 1 month (c) 1912 getting a loan from Agricultural (b) 2 months (d) 1914 Development Bank is known as (c) 3 months 54. Who shall be the secretary of the (a) Crop Loan System (d) 6 months Circle Co-operative Union (b) Long Term Loan system 41. An outstanding recommendation (a) The Assistant Registrar of (c) Gehan System of CRAFICARD co-operative Societies (Audit) (d) Maximum Borrowing Power (a) Formation of NHB (b) The Assistant Registrar of System (b) Formation of HUDCO co-operative Societies (General) 67. Who is the chairman of the (c) Formation of NABARD (c) The Joint Registrar of Co. District Rural Development (d) Formation of IDBI operative Societies (Audit) agency 42. HUDCO was set up by the central (d) The Joint Registrar of Cu(a) District Judge Government in operative Societies (General) (b) District Panchayat (a) 1980 55. After election to Circle Co. President (b) 1982 operative Union, the Secretary (c) District Collector (c) 1975 of the Circle Co-operative Union (d) MP (d) 1970 shall preserve the ballot papers 68. A short term loan which are 43. The re-imbursement of any loss for a period of granted to industrial caused by a responsible person (a) 1 month from the date of poll establishments to meet their as decided by the Registrar is (b) 2 months from the date of urgent need are called called poll (a) Bridge loans (a) Penalty (c) 3 months from the date of (b) Composite loans Fine poll Term loans (c) Compensation (d) 4 months from the date of (d) Consumption loans (d) Surcharge poll 69. A document used to deposit cash 44. Indian Consumer Co-operator 56. Townsend Committee was I cheque, drafts and bills to the is published by appointed by Government of credit of a customers account is (a) NABARI) Madras in the year called (b) NAFED (a) 1920 (a) Pass Book (c) NCCF (b) 1925 (b) Cheque Book (d) NCDC (c) 1927 (c) Pay-in-slip 45. The co-operative education (d) 1929 (d) Allonge programme in Kerala are 57. The first Co-operative housing 70. Rule 66 of the Co-operative implemented by society in India is organized in societies act deals with (a) State Co-operative Bank (a) Chennai (a) Conduct of enquiry and (h) District Co-operative Bank (b) Mumbai inspection (c) State Co-operative Union (c) New Delhi (b) Lesv of audit fees (d) Co-operative Dept. (d) Kerala (c) Audit 46. Classification of societies i 58. The Date on which State Co(d) Writing off bad debts according to type are specified operative Union Kerala came 71. Co-operative Arbitration Court in which rule of the KCS Rules into existence on receipt of reference of (a) Rule 28 (a) 21st Nov, 1970 dispute shall pass (b) 21st Dec, 1970 (a) Decree (b) Rule 14 (c) Rule 15 (c) 21st Jan, 1971 (b) Award (d) Rule 29 (d) 21st Oct 1970 (c) Order (d) Surcharge 47. The Lead Bank Scheme was 59. The best medium of payment is introduced by RBI in (a) Cash 72. The Exim Bank was set up in (b) Cheque (a) Jan 1985 (a) 1968 (c) Bills (b) 1969 (b) Jan 1980 (c) 1970 (d) Promissory Note (c) Jan 1982 (d) 1972 60. 'Small Industries Development (d) Jan 1984 Bank of India' (SIDBI) was set 73. The country which contribute 48. First state co-operative act was passed by Labour Contract Co-operatives up by a special Act in the year (a) Bombay State to the Co-operative world (a) 1980 (b) Madras State (b) 1983 (a) China (c) Bihar State (c) 1986 (b) Sweden (c) italy (d) Orissa State (d) 1989 credit guarantee 61. National Council for Co(d) Israel 49. The 74. The year in which Kerala State corporation of India limited operative Training was formed of SC/ST established in the year (a) 1.8.1974 Federation (a) 1969 (b) 1.7.1976 Development Co-operatives Ltd. (b) 1970 (c) 1.6.1976 was formed (d) 1.7.1975 (c) 1971 (a) 1981 (d) 1972 62. Propaganda and publicity of the (b) 1985 50. What is called 'Brightest spot' in Co-operative movement in (c) 1984 co-op movement Kerala is the important duty of (d) 1986 (a) District Co-operative Bank (a) Co-operative Societies 75. A Tribal Development Programme in Co-operatives for (b) Co-operative tJrban Bank (b) District Co-operative Banks uplifting SC/ST Tribal's (c) State Co-operative Union (c) Employees Co-operative (d) Kerala State Co-operative (a) LAMPS Credit Societies MATSYAFEI) (d) Primary Agricultural Credit Bank 63. Who is considered as the 'Friend, (c) RUBBERMARK Societies Philosopher, and Guide' of the (d) MILMA 51. Name the first society organized Co-operative Department of Travancore Co-op. under Kerala Societies Act Answers (a) Minister (a) Kottayam Central co1. b, 2. b, 3. h. 4. a, o. c, 6. a, 7. c, (b) Registrar operative Bank 8. d, 0. b. 10. a, 11. b, 12. b, 13. b, (c) President (b) Travancore Central Co14. a, IS. d, 16. 1>, 17. a, 18. c, operative Bank (d) Secretary Fishery 19. a. 20. b, 21. a, 22. c, 23. c. (c) KoIlam Central Co-operative 64. Kerala State Development Federation was set 24. b, 25. c, 26. a, 27. c, 28. c. Bank up in the year (d) Trivandrum Central Co29. c, 30. a, :31. d, 32. b, 33. b, (a) 1984 operative bank 34. c, :35. a, 36. d, 37. b, 38. c. 52. Who said ERA better farming is (b) 1986 39. d, 40. a, 41. c, 42. d, 43. d, individual farming run on Co. (c) 1988 44. c 45. c 46. c, 47. h. 48. a, (d) 1990 operative basis" 49. c, 50. h, 51. d, 52. b, 53. d. (a) I). G. Karve 65. In Urban Co-operative Bank the 54. b 55. c 56. c. 57. b 58. a, Otto Scheller majority of members are 59. h, 60. d, 61. b 62. c 63. b, (c) C. B. Fay (a) Primary Banks 64. a 65. d 66, c. 67. c 68. a (b) Agriculturists (d) M. L. darling 69 c 70 a ' 71 b 72. c 73. c (c) Agricultural labours 53. Maclagan committee was 74 a75 appointed in the year (d) Non agriculturists -

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