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2. First full pledged legislation to allow the formation of Co-operative Societies is ....... Co-operative Credit Societies Act, 1904 Co-operative Credit Societies Act, 1912 Co-operative Credit Societies Act, 1911 Co-operative Credit Societies Act, 1971 None
3. The first Act to pass to pave the establishment of Co-operative banks Co-operative Credit Societies Act, 1922 Co-operative Credit Societies Act, 1924 Co-operative Credit Societies Act, 1972 Co-operative Credit Societies Act, 1951 Co-operative Credit Societies Act, 1912
4. Which committee was appointed in 1944 to give recommendations to improve co-operative movement? Hilton-young Radhakrishnan MacLagan Rodgers None
5. Which sector is the major beneficiary of Cooperative banking system till 1969? Education Service Agriculture Export Industrial
6. Indian Co-operative Bank system is ........ Unicameral Semi Federal Less Federal Federal Autocrat
7. On 13 April 2013, RBI decided to cancel the licenses of 26 loss-making co-operative banks as they got losses. Majority of them are in ..... AP MP Karnataka Rajasthan UP
8. ......... is the apex of the three-tier co-operative structure in India. District Central Co-operative banks Union Co-operative banks District Co-operative banks State Co-operative banks None
9. Which bank finance, coordinate and control the working of District Central Co-operative Banks in the states? National Co-operative Bank Primary Co-operative Bank State Co-operative Bank Lower Development Bank None
10. State Co-operative Banks (SCB) usually lend ....... District Central Co-operative Banks Primary Co-operative banks to individuals in exceptional cases All of above None
Score = Correct answers:
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