Which one of the following was not a recommendation of Rural Credit Survey Committee?
A committee on Co-operative Direction in India was set up in the year:
Abat system of co-operation prevails among :
The first Co-operative Act was passed in the year:
The point of similarity between socialism and co-operation :
In India, before independence, co-operative movement was:
The point of similarity between Raiffesion banks and Delitizch bank is :
Which one of the following is not an economic benefits of co- operation?
The term co-operation is derived from a word "co-operari", which finds its origin from the language:
The first co-operative society registered under Cochin co. operative society act was
The Kerala State Co-operative Bank was originally registered under:
n a federal co-operative society, Managing Committee shall consist of members not exceeding of the total number of members:
A member who is admitted to the society within ________ days immediately prior to the date of election shall not have the right to vote.
Any decision to registrar the society or any refusal of an application for registration shall be made within days from the date of receipt of application
As per Kerala Co-operative Societies Act 1969, a society shall transfer an amount not less than profits to the reserve fund.
A share of Rs. 10 issued at a premium of Rs. 2 which the full amount has been called Rs. 8 including premium is forfeited. the capital account shall be debited with:
A share of Rs. 10 each on which Rs. 8 has been called and Rs. 6 is paid is forfeited. The capital account should be debited with:
The portion of authorized capital which can be called up only on liquidation of the company is called :
Premium On issue of shares can be used for
A, B and C are partners sharing profits and losses in the ratio of 3:2:1 C retire from the firm and A and B decides to share profits in the ratio of 5:3 .What will be the gaining ratio?
Opening capital Rs. 9,000 closing capital Rs. 16,500 drawings during the year Rs. 2,600. The amount of profit will be:
An entry with more than one debitor credit is known as:
Which of the following asset is not subject to depreciation ?
Provision for bad and doubtful debts is made against current years profit because of:
Fixed assets are recorded in the books at original cost :
A and B are partners sharing profits and losses in the ratio of 2:3. They admit C for 2/5 shares which he acquired equally from A and B. What is the new ratio?
Unearned income is :
Bad debts previously written off, if recovered subsequently:
Income tax paid on behalf of the proprietor:
Assets are held for the purpose of :
A bill of exchange drawn in Delhi and payable in London is a example of:
Protest is necessary in the case of dishonour of:
The relationship between a banker and a customer is basically that of:
Cancellation of crossing can be done by:
The bankers answer incase of dishonour of a cheques on account of insufficiency of funds is generally:
The endorse will not be liable to the holder on dishonour of a negotiable instrument if he makes a:
An order instrument can be made payable to the bearer by making:
A person who is legally entitled to the possession of the negotiable instrument in his own name and to receive the amount there of is known as:
A bill endorsed or delivered to a person with the understanding that it will be paid only if certain conditions are fulfilled is known as :
If a bill of exchange dated Jan 31, 2019 is payable one month after date, the due date of the instrument will be:
The total investment of a co-operative bank in the shares of co-operative institution shall not exceed subscribed capital of the institution.
No. Co-operative bank shall commence or carry on business of banking in India unless the aggregate value of its paid up capital and reserves is not less than:
While encashing travelers cheques, the payee is identified by:
The drawee banker of a demand draft has received intimation of the loss of the draft from the purchaser. The Banker should :
The Rules framed in Claytons case have been incorporated in the :
The Banker is entitled to exercise right of lien in respect of the following
Every Indian banking company is required to transfer af least of its profits to statutory reserve.
A banking company cannot hold any immovable property, not acquired for its own use for a period exceeding :
Financial market in essence are :
The provisions relating to maintenance of cash reserve ratio by banks is contained in the :