Deck 4: Kerala Co-Operative Societies Act 1969

Question 1

Section ____ of KCS Act states that Co-op society can be registered with limited Liability?

A)sec. 5
B)sec. 6
C)sec. 4
D)sec.7

Answer 1

sec. 5

Question 2

_______ is the monthly publication of the Co-operative Department in Kerala.

A)kerala co-operative journal
B)sahakarana veedhi
C)paraspara sahay
D)sahakarana prabhodhini

Answer 2

sahakarana veedhi

Question 3

The resignation letter from a member of the Managing Committee of a society can be accepted or rejected by ___________.

A)president
B)registrar
C)managing committee
D)general body

Answer 3

president

Question 4

Audit classification helps to guage the _______ of a society.

A)financial stability
B)profitability
C)general working
D)liquidity

Question 5

Securing of possession of records of a Co-operative society is dealt with under Section ____ of KCS Act.

A)34
B)24
C)40
D)44

Question 6

Disposal of net profit of Co-operative societies shall be made as per section _____.

A)58
B)56
C)57
D)55

Question 7

Sec 28AB of KCS Act 1969 deals with ______

A)election and removal of president, vice president
B)state co-operative election commission
C)annual general body meeting
D)special general body meeting

Question 8

A Central society shall utilize the Subsidiary State Partnership Fund for the purpose of _____.

A)purchasing shares in primary societies
B)making payments to apex society
C)all of these
D)none of these

Question 9

An apex society shall utilize Principal State Partnership Fund for the purpose of _______.

A)directly purchasing shares in other societies with limited liability
B)providing moneys to central society to enable them to purchase shares in other societies
C)making payments to the government in accordance with provisions of kcs act
D)all of these

Question 10

Annual General body meeting of a Co-operative Society shall be held

A)within one year
B)within six months of close of the year
C)within 6 months of closing of the financial year
D)within 3 months on getting the audit report

Question 11

The accounts of a Co-operative Society should be audited within _______ of the close of the financial year.

A)six months
B)one year
C)two years
D)the period as mentioned in the byelaw

Question 12

In a Co-operative Society ________ is never allowed,

A)meeting
B)proxy
C)audit
D)voting

Question 13

The member of a Co-operative Society have

A)limited liability
B)unlimited liability
C)joint and several liability
D)joint liability

Question 14

Apex Society means

A)state level society
B)district level society
C)village level society
D)national level society

Question 15

The basic principle of a Co-operative Society is

A)one share one vote
B)one member one vote
C)proxy vote
D)open votes

Question 16

The motto of Co-operative Society is

A)each for all and all for each
B)each for all
C)all for each
D)all for all

Question 17

The Audit memorandum is prepared by

A)registrar
B)director of co-op. audit
C)auditor
D)committee of the society

Question 18

Change of name of society is defined in Section

A)12
B)13
C)14
D)10

Question 19

Every society shall start business within a period of ----------- from registration

A)5 months
B)3 months
C)6 months
D)12 months

Question 20

Annual General body of a society is defined in Section ----------

A)43
B)29
C)28
D)28 (5)

Question 21

The Co-operative Arbitration Court entertains?

A)only monetary issue
B)only non-monetary issues
C)both monetary and non-monetary issues
D)monetary issues upto rs. 10000 and non-monetary issues

Question 22

Who among the following has all powers of the Registrar except those laid under Sections 32, 71 (1) and 87 of the Kerala Co-operative Societies Act 1969?

A)deputy registrar
B)additional registrar
C)joint registrar
D)assistant registrar

Question 23

As per which section, the Government gets direct partnership in the capital of a Co-operative Society?

A)section 41
B)section 42
C)section 50
D)section 51

Question 24

The jurisdiction of a Circle Co-operative union is?

A)grama panchayath
B)block panchayath
C)taluk
D)district

Question 25

The members of District Co-operative Bank consist of?

A)only individuals
B)individual and societies
C)primary co-op. credit societies and urban co-op. bank
D)only primary credit societies