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Banking, Production, Trading & Service Co-operatives MCQs: 50 Questions & Answers in Faculty

50 Banking, Production, Trading & Service Co-operatives MCQs in Faculty with answers & explanations. Page 2. Practice objective questions for competitive exa… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Banking, Production, Trading & Service Co-operatives MCQs: 50 Questions & Answers in Faculty

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

The …………………………….was set up in 1960 & is administered under the Multi-State Cooperative Societies Act, 2002.

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

Committee to Review Arrangements For Institutional Credit for Agricultural and Rural Development, under the chairmanship of Sri B Sivaraman recommended the establishment of ………………………

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

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

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

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”.

In India, the first cooperative land mortgage bank was established in 1920 at…………..

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

Germany is the birth-place of …………..

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

A …………………. also acts as a balancing center and clearing house for the central cooperative banks.

……………………..is the vertex of the pyramidal structure in a State for the provision of short and medium term credit to agriculturists on cooperative basis.

The first DCB was established at………………..in 1910.

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

The ……………………… controls the cooperative banks that falls under the banking regulation act of 1949.

With regard to short-term credit cooperatives, at the central level ……………………….. act as a link between primary societies and State Cooperative Apex Banks.

The cooperative credit institutions in the country may be broadly classified into …………

The Urban Credit Cooperatives are also commonly known as ……………….

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