Deck 1: Cooperative Credit Institutions in India: History and Structure

Question 1

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 1

urban cooperative banks

Question 2

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 2

urban credit cooperatives and rural credit cooperatives

Question 3

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 3

district level cooperative banks

Question 4

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

Question 5

At Ajmer in Rajasthan the first DCB was established in ………….

A)1900
B)1920
C)1910
D)1950

Question 6

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

Question 7

…........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 the above

Question 8

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

Question 9

…........is the birth-place of land mortgage banking

A)japan
B)israel
C)germany
D)india

Question 10

Germany is the birth-place of …………..

A)land mortgage banking
B)commercial banks
C)insurance companies
D)cooperative agricultural marketing

Question 11

In India, the first cooperative land mortgage bank was established in ……………at Jhang in Punjab.

A)1900
B)1920
C)1910
D)1950

Question 12

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

Question 13

It was from the beginning of the …………………. that the policies oriented towards development purposes were adopted and land mortgage banks were called "Land Development Banks".

A)first five year plans
B)second five year plans
C)third five year plans
D)fourth five year plans

Question 14

The ………………………. are organized in 3 tiers namely; state, central, and primarylevel and they meet the long term credit requirements of the farmers for developmentalpurposes.

A)land development banks
B)primary banks
C)urban cooperative banks
D)nabard

Question 15

…........are now known as Cooperative Agriculture and Rural Development Banks .

A)land development banks
B)primary banks
C)urban cooperative banks
D)nabard

Question 16

The origins of the urban co-operative banking movement in India can be traced to theclose of ………………………..

A)eighteenth century
B)twentieth century
C)nineteenth century
D)seventeenth century

Question 17

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

Question 18

The Registered Office of NAFCUB is at ……………. and the area of operation is whole of the country.

A)mumbai
B)agra
C)kolkata
D)delhi

Question 19

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

Question 20

The number of SCARDBs in India as on 31st March 2013 is……………..

A)17
B)18
C)19
D)20

Question 21

The number of PCARDBsin India as on 31st March 2013 is……………..

A)714
B)815
C)987
D)194

Question 22

The number Branches of PCARDBs in India as on 31st March 2013 is……………..

A)987
B)714
C)978
D)999

Question 23

The National Co-operative Agriculture & Rural Development Banks' Federation wasregistered on ………………………..with the main objective of promoting the interests of the Long Term Co-operative Credit Structure (LTCCS) movement in the country

A)6th october, 1960
B)5th october,1960
C)7th october, 1960
D)8th october, 1960

Question 24

The term "cooperative farming" is ………………. collective farming.

A)synonymous with
B)not synonymous with
C)same as
D)none of the above

Question 25

The Kibbutz is a typical example of cooperative farming in ………….

A)israel
B)denmark
C)france
D)ussr