Consider the statements related to KRIBHCO and IFFCO.
Consider the following statements regarding National Bank for Agriculture and Rural Development (NABARD).
i. Its creation was recommended by the Sivaraman Committee 1979.
ii. It is a development bank created by law.
iii. It subsumed the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation.
iv. Set up with an initial capital of Rs. 100 crore and head office is at Mumbai.
The following statements are on Co-operative Credit Societies Act, 1904. Which statement is not correct?
It gives legal protection only to credit Co-operative societies.
Co-operative societies were classified as rural and urban.
Societies formed under this act shall be with unlimited liability only
The Registrar of the Co-operative credit societies shall audit the accounts atleast once in a year.
The important features of Cochin Co-operative Societies Act
Societies for providing agriculture and non-agriculture credit.
Supervise the societies by the organisation of Unions.
The Act give priority to industries especially cottage industries.
Identify the accurate statements regarding the KCS Act, 1969.
Encompasses legal provisions for Co-operative societies in Kerala.
Provides the legal framework for Co-operative societies in Travancore.
Defines the specific characteristics and regulations of Co-operative societies in Kerala.
Based on the Act the first primary society called the Edavanakkal Service Co-operative Society.
Match the items of List - I with those of List - II and indicating the code of correct matching.
| Travancore Co-operative Societies Act | 1913 |
| Cochin Co-operative Societies Act | 1932 |
| Madras Co-operative Societies Act | 1914 |
| Travancore-Cochin Co-operative Societies Act | 1951 |
Identify the accurate statements about National Centre for Co-operative Training.
NCCT is an autonomous organization under the Ministry of Agriculture and Farmers Welfare.
The main focus of NCCT is to provide training to Co-operative personnel.
NCCT conducts both residential and non-residential training programs.
NCCT has its headquarters in Kerala.
Identify the accurate statements about National Co-operative Union of India :
National Co-operative Union is an apex organization representing Co-operative societies in India.
National Co-operative Union plays a significant role in promoting Co-operative education and training
The training programs conducted by National Co-operative Union are exclusively for the State of Kerala.
National Co-operative Union collaborates with international Co-operative organizations for knowledge exchange.
Which of the following statements are accurate about VAMNICOM?
Vaikunth Mehta National Institute of Co-operative Management.
VAMNICOM provides training, capacity building and empowering the Co-operatives and collectives.
VAMNICOM is an apex organisation representing entire Co-operative movement in India.
State the correct answer from the following statements regarding Kerala Bank.
The bank was registered in the year 1915 as the Kerala State Co-operative Bank.
Kerala State Co-operative Bank Ltd. was included in the 2nd Schedule of the Reserve Bank of India Act, 1934.
Bank name of Kerala State Co-operative Bank as 'Kerala Bank'.
Identify the accurate statements regarding the activities of the Kerala State Co-operative federation for fisheries development Ltd.
Interest free loan.
Production bonus scheme for fishermen
Infrastructure development in harbours and selected fish markets.
White kerosene bunks.
State the correct answer from the following statements regarding Kerala State Co-operatives Consumers' Federation Ltd.
Apex body of the consumer Co-operatives in the State of Kerala.
Established under the KCS Act, 1969.
Primary objective is to distribute consumer goods and medicines to the public at affordable prices and protect their buying rights from exploitation.
Match the items of List - I with those of List - II: List-1 List - II
| Primary Agricultural Credit Societies | Apex body of Primary Co-operative Agricultural and Rural Development Banks |
| National Bank for Agriculture and Rural Development | State Apex Co-operative Bank |
| Kerala State Co-operative Bank | Central Bank for Co-operative Credit Institutions |
| Kerala State Co-operative Agricultural and Rural Development Bank | Apex Financing Institution for Agricultural Co-operatives |
Which one of the following is not a prohibition towards a banking company, under BR Act ?
Assertion (A) : The Lead Bank Scheme was introduced to improve rural banking services.
Reason (R): The Gadgil Study group found that rural areas had an adequate number of Commercial banks.
From the following Statement, which statement is viable to the central cooperative bank?
Which of these statements are true?
Statement 1: No banking Company shall grant any loans or advances on the security of its own shares.
Statement 2: Advance against their own shares is not allowed by banks, because these are prohibited under RBI Act of 1934.
Which of the following statements are incorrect?
Consider the following statements with reference to capital to Risk-weighted Assets Ratio (CRAR). Which of the Statements given above are correct ?
Which of the following is correct ?
What role do Micro, Small and Medium Enterprises (MSMEs) play in country's economic growth and Industrial Development?
Which among the following statements are correct regarding PMJJBY?
Which of the following Banks are not covered under the Banking ombudsman Scheme?
Mr. Aswin had filed a complaint with Banking Ombudsman but, he is not satisfied with that decision. What is the next option before him to resolve his complaint?
Find out the correct Statement:
Statement I: Under PMFBY (Pradhan Mantri Fasal Beema Yojana) scheme, insurance Coverage and financial support is available to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
Statement II : Under PMFBY Scheme, if the insured farmers incur any loss in respect of the insured crop due to adverse weather conditions, such farmers are eligible for claims up to a maximum of 25% of the expenses incurred for cultivation.
The interest payable on Savings bank account is regulated by
The RBI allowed some common ATMs that are owned and managed by non-banking organizations hoping to cut transaction cost for banks. Such ATMS are known as