All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above

All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above
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Answer :

C. Cooperative Societies Act, 1912 Explanation: Co-operative banks operate in both urban and non-urban areas. All banks registered under the Cooperative Societies Act, 1912 are considered co-operative banks. These are banks run by an elected managing committee with provisions of members‘ rights and a set of ―communally developed and approved bylaws and amendments.co-operative banks work on a ―no profit, no loss‖ basis.
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Co-operative banks are regulated by the Reserve Bank of India under _________ A. Banking Regulation Act, 1949 B. Banking Laws (Application to Co-operative Societies) Act, 1965 C. Both (A) and (B) D. Negotiable Instrument Act–1881 E. None of the Above

Description : Co-operative banks are regulated by the Reserve Bank of India under _________ A. Banking Regulation Act, 1949 B. Banking Laws (Application to Co-operative Societies) Act, 1965 C. Both (A) and (B) D. Negotiable Instrument Act–1881 E. None of the Above

Last Answer : C. Both (A) and (B) Explanation: Co-operative banks are regulated by the Reserve Bank of India under the Banking Regulation Act, 1949 and Banking Laws (Application to Co-operative Societies) Act, 1965

BCSBI registered as an independent and autonomous body under ________ A. RBI Act 1934 B. Societies Registration Act, 1860 C. Banking Regulation Act, 1949 D. The Companies Act, 1956 E. Both (B) and (C)

Description : BCSBI registered as an independent and autonomous body under ________ A. RBI Act 1934 B. Societies Registration Act, 1860 C. Banking Regulation Act, 1949 D. The Companies Act, 1956 E. Both (B) and (C)

Last Answer : B. Societies Registration Act, 1860 Explanation: BCSBI is an independent and autonomous body, registered as a separate society under the Societies Registration Act, 1860.

CERSAI was registered as a government-licensed company, under section 25 of _________ A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Description : CERSAI was registered as a government-licensed company, under section 25 of _________ A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Last Answer : B. Companies Act, 1956 Explanation: Central Registry of Securitisation Asset Reconstruction and Security Interest of India is a company licensed under section 25 of the Companies Act, 1956

SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these

Description : SMERA has been registered under _______ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. None of these

Last Answer : D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 Explanation: SMERA has been registered under Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999.

Co-operative Credit Societies Act was passed in India in— (A) 1902 (B) 1904 (C) 1906 (D) 1912

Description : Co-operative Credit Societies Act was passed in India in— (A) 1902 (B) 1904 (C) 1906 (D) 1912

Last Answer : (D) 1912

To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Description : To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of India under ________ A. Payment and Settlement Systems (PSS) Act 2007. B. Foreign ... Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : A. Payment and Settlement Systems (PSS) Act 2007. Explanation: To become BBPOUs, Banks and non-bank entities are mandatorily required to apply for approval / authorisation to Reserve Bank of ... PSS) Act 2007. Bharat Bill Payment Operating Units (BBPOUs) will be the authorised operational units.

RBI can inspect the branches of Banks under _______ of the Banking Regulation Act, 1949 A. Section 35 B. Section 25 C. Section 15 D. Section 30 E. None of the Above

Description : RBI can inspect the branches of Banks under _______ of the Banking Regulation Act, 1949 A. Section 35 B. Section 25 C. Section 15 D. Section 30 E. None of the Above

Last Answer : A. Section 35 Explanation: RBI can inspect the branches of Banks under section 35 of the Banking Regulation Act, 1949

Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Description : Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets under _______ of the Banking Regulation Act, 1949 A. Section 35A B. Section 25A C. Section 15A D. Section 30A E. None of the Above

Last Answer : A. Section 35A Explanation: The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949.

The banks will be licensed as payments banks under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above

Description : The banks will be licensed as payments banks under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above

Last Answer : B. Section 22 Explanation: The payment banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949 and will be registered as public limited company under the Companies Act, 2013.

The small finance banks will be licensed under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above

Description : The small finance banks will be licensed under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above

Last Answer : B. Section 22 Explanation: The small finance banks will be licensed under Section 22 of the Banking Regulation Act, 1949.

Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Description : Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above

Last Answer : D. SARFAESI Act, 2002 Explanation: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (also known as the SARFAESI Act) is an ... allows banks and other financial institution to auction residential or commercial properties to recover loans.

Indian Banking Regulation Act was passed in the year ___________ A. 1989 B. 1968 C. 1949 D. 1948

Description : Indian Banking Regulation Act was passed in the year ___________ A. 1989 B. 1968 C. 1949 D. 1948

Last Answer : C. 1949 Explanation: The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms in India. Initially, the law was applicable only to banking companies. But, 1965 it was amended to make it applicable to cooperative banks.

Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act

Description : Scheduled banks are required to keep cash reserve with RBI, interms of _______ A. Section 24 of the Banking Regulation Act, 1949 B. Section 20 of the Banking Regulation Act, 1949 C. Section 42(i) of the RBI Act, 1934 D. Section 42 of Negotiable Instruments Act

Last Answer : C. Section 42(i) of the RBI Act, 1934 Explanation: Every bank included in the Second Schedule shall maintain with the Bank an average daily balance the amount.

Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)

Description : Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)

Last Answer : C. Prevention of Money laundering Act 2002 Explanation: KYC guidelines/instructions are issued under under Prevention of Money laundering Act PMLA, 2002.

The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act–1934 B. Banking Companies (Acquisition and Transfer of Undertakings) Act–1970 C. Banking Regulation (Companies) Rules, 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Description : The Overseas Principal should obtain necessary authorisation from the Reserve Bank of India under the provisions of which Act to commence/ operate a payment system? A. Reserve Bank of India Act-1934 B. Banking ... , 1949 D. Payment and Settlement Systems Act (PSS Act), 2007 E. None of the Above

Last Answer : D. Payment and Settlement Systems Act (PSS Act), 2007 Explanation: The Overseas Principal should obtain necessary authorisation from the Department of Payment and Settlement Systems, Reserve Bank of India ... Payment and Settlement Systems Act (PSS Act), 2007 to commence/ operate a payment system.

Which of the following defines the objectives of CERSAI? A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Description : Which of the following defines the objectives of CERSAI? A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. B. Companies Act, 1956 C. Banking Regulation Act, 1949 D. Both (A) and (B) E. None of these

Last Answer : A. Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Explanation: The object of the company is to maintain and operate a Registration System ... Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. (SARFAESI Act).

A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Description : A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Last Answer : E. The companies act, 1956 Explanation: The Companies Act, 1956 ―Small Shareholder‖ means a shareholder holding shares of nominal value of twenty thousand rupees or less in a public company to which section 252 of the Act applies.

The Definition of „Banking‟ is given in _______ A. Negotiable Instrument Act, 1881 B. RBI Act, 1934 C. The Banking Regulation Act, 1949 D. Indian Contract Act, 1872 E. None of the Above

Description : The Definition of „Banking‟ is given in _______ A. Negotiable Instrument Act, 1881 B. RBI Act, 1934 C. The Banking Regulation Act, 1949 D. Indian Contract Act, 1872 E. None of the Above

Last Answer : C. The Banking Regulation Act, 1949 Explanation: As per Section 5(b) of the Banking Regulation Act, 1949 , -banking means the accepting, for the purpose of lending or investment, of deposits ... the public, repayable on demand or otherwise, and withdraw-able by cheque, draft, order or otherwise.

The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Description : The rules framed in the Clayton‟s case have been incorporated in _________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. None of the Above

Last Answer : D. Indian Contract Act, 1872 Explanation: The rules framed in the Clayton‘s case was incorporated in Section 59 of the Indian Contract Act, 1872.

A Credit Bureau is governed by _________ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 E. Credit Information Companies (Regulation) Act of 2005

Description : A Credit Bureau is governed by _________ A. Securities and Exchange Board of India Act, 1992 B. Reserve Bank of India Act, 1934 C. Banking Regulation Act, 1949 D. Securities and Exchange ... of India (Credit Rating Agencies) Regulations, 1999 E. Credit Information Companies (Regulation) Act of 2005

Last Answer : E. Credit Information Companies (Regulation) Act of 2005 Explanation: A Credit Bureau is governed by the Credit Information Companies (Regulation) Act of 2005.

The law regarding negotiable instruments is contained in __________ A. The Bill of exchange Act 1881 B. The Banking Regulation Act 1949 C. Cheques Act, 1881 D. The Negotiable Instruments Act, 1881

Description : The law regarding negotiable instruments is contained in __________ A. The Bill of exchange Act 1881 B. The Banking Regulation Act 1949 C. Cheques Act, 1881 D. The Negotiable Instruments Act, 1881

Last Answer : D. The Negotiable Instruments Act, 1881 Explanation: The Negotiable Instruments Act, 1881 – An Act to define and Law relating to negotiable instruments which are Promissory Notes, Bills of Exchange and cheques.

GSTN comes under which Act? (A) Banking Regulation Act 1949 (B) RBI Act 1934 (C) Indian Partnership Act, 1932 (D) Companies Act, 2013 (Ans : D) 45. Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Description : GSTN comes under which Act? (A) Banking Regulation Act 1949 (B) RBI Act 1934 (C) Indian Partnership Act, 1932 (D) Companies Act, 2013 (Ans : D) 45. Combined Stake of Central and State Government in GSTN is– (A) 20% (B) 25% (C) 49% (D) 51%

Last Answer : (C) 49%

Banks are required to maintain SLR under_____ A. Section 24 of the Banking Regulation Act B. Section 35 of the Negotiable Instrument Act, 1881 C. Section 24 of RBI Act D. Section 40 of Indian Contract Act, 1872 E. None of the Above

Description : Banks are required to maintain SLR under_____ A. Section 24 of the Banking Regulation Act B. Section 35 of the Negotiable Instrument Act, 1881 C. Section 24 of RBI Act D. Section 40 of Indian Contract Act, 1872 E. None of the Above

Last Answer : A. Section 24 of the Banking Regulation Act Explanation: SLR is governed by the provisions of Section 24 of the Banking Regulation Act. There is no minimum stipulation on SLR (earlier there used to ... with an amendment to the Banking Regulation Act in 2007). However, SLR can not exceed 40%.

During last five years, which of the following Institutions have extended the largest amount of fresh credit for agriculture in India among all the institutions given in the list ? (A) NABARD (Direct credit) (B) Commercial Banks (C) Cooperative Banks (D) Primary Agricultural Credit Societies (E) Regional Rural Banks and Local Area Banks

Description : During last five years, which of the following Institutions have extended the largest amount of fresh credit for agriculture in India among all the institutions given in the list ? (A) ... Cooperative Banks (D) Primary Agricultural Credit Societies (E) Regional Rural Banks and Local Area Banks

Last Answer : (E) Regional Rural Banks and Local Area Banks

Which of the following is/are not eligible to issue Certificates of deposit(CD)? A. RRBs B. Co-operative banks C. Scheduled banks D. Both (A) and (B) E. None of the Above

Description : Which of the following is/are not eligible to issue Certificates of deposit(CD)? A. RRBs B. Co-operative banks C. Scheduled banks D. Both (A) and (B) E. None of the Above

Last Answer : D. Both (A) and (B) Explanation: All scheduled banks (except RRBs and Co-operative banks) are eligible to issue CDs

Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th

Last Answer : Banks and cooperatives should increase lending facilities in rural areas: 1. The informal sector lends at a high-interest rate in rural areas so the cost for the borrower is much more. 2. When the cost ... where the amount to be repaid is more than the borrower's income and he has to borrow more.

Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th

Last Answer : Most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers. Hence, it is necessary that banks and cooperatives increase their lending ... the formal credit is distributed more equally so that the poor can benefit from the cheaper loans.

Bank rate is that rate on which - (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Description : Bank rate is that rate on which - (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Last Answer : (3) Central Bank of Country lends money to the commercial banks Explanation: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and ... reserve bank, while the repo rate is the rate at which the banks borrow from the central bank.

Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Description : Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Last Answer : Central Bank of Country lends money to the commercial banks

“Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above

Description : “Hawala transactions” in India are prohibited under the provision of which of the following acts? A. Banking Regulation Act B. Financial Action Task Force Act C. Foreign Exchange Management Act D. All of the Above E. None of the above

Last Answer : C. Foreign Exchange Management Act Explanation: ―Hawala transactions‖ in India are prohibited under the provision of Foreign Exchange Management Act.

In which does the subject of Co-operative Societies fall? -Do You Know?

Description : In which does the subject of Co-operative Societies fall? -Do You Know?

Last Answer : answer:

The citizens of India do not have which one of the following Fundamental Rights? (1) Right to reside and settle in any part of India (2) Right to acquire, hold and dispose of property (3) Right to practice any profession (4) Right to form co-operative societies

Description : The citizens of India do not have which one of the following Fundamental Rights? (1) Right to reside and settle in any part of India (2) Right to acquire, hold and dispose of property (3) Right to practice any profession (4) Right to form co-operative societies

Last Answer : (2) Right to acquire, hold and dispose of property.

Social forestry is – (1) growing different types of plants together on private land (2) management of forest by co-operative societies (3) growing one type of plant in government owned land (4) growing and management of useful plants on government owned land

Description : Social forestry is – (1) growing different types of plants together on private land (2) management of forest by co-operative societies (3) growing one type of plant in government owned land (4) growing and management of useful plants on government owned land

Last Answer : (4) growing and management of useful plants on government owned land Explanation: Social forestry means the management and protection of forests and afforestation on barren lands with the purpose ... as part of a drive towards afforestation, and rehabilitating the degraded forest and common lands.

In which does the subject of Co-operative Societies fall?

Description : In which does the subject of Co-operative Societies fall?

Last Answer : Concurrent List

The term Capitalization is used in relation to ______. A. sole-proprietorship. B. Partnership. C. joint stock companies. D. co-operative societies

Description : The term Capitalization is used in relation to ______. A. sole-proprietorship. B. Partnership. C. joint stock companies. D. co-operative societies

Last Answer : C. joint stock companies.

1. In which does the subject of Co-operative Societies fall? 2. One astronomical unit is the average distance between which bodies? 3. Ben Johnson, the well known athlete belongs to which country? 4. Which river is known as India’s River of Sorrow? 5. Where did the Lingaraja Temple built during the medieval period?

Description : 1. In which does the subject of Co-operative Societies fall? 2. One astronomical unit is the average distance between which bodies? 3. Ben Johnson, the well known athlete belongs to which ... is the temperature between July and January? 20. In which battle Porus was defeated by Alexander?

Last Answer : Answer : 1. Concurrent List 2. Earth and the Sun 3. Canada 4. Kosi 5. Bhubaneswar 6. Norman E. Borlaug 7. Glycogen 8. State List 9. Karnataka 10. Pal Dynasty 11. Slow oxidation 12. Jet Plane 13. ... forest 15. Pre-Aryan 16. Cycus 17. By the Constitution of India 18. KE 19. The same 20. Hydaspes

1. Dog bite can cause rabies. Which other animal can also cause rabies? 2. In which does the subject of Co-operative Societies fall? 3. Which material is suitable for water purification? 4. Folding is the result of which force? 5. With whom did Alberuni come to India?

Description : 1. Dog bite can cause rabies. Which other animal can also cause rabies? 2. In which does the subject of Co-operative Societies fall? 3. Which material is suitable for water purification? 4. ... of Cancer? 20. The treaty of Purandhar was signed in 1665 with Shivaji by which soldier statesman?

Last Answer : Answer : 1. Bat 2. Concurrent List 3. Zeolites 4. Orogenetic force 5. Mahmud of Ghazni 6. Motion picture 7. 184 8. Respiration 9. New Zealand 10. Abdur Rahim-Khan-i-Khanan 11. Citizenship 12. Choroid 13 ... Akbar 16. 1972 17. Paratonic movement 18. By 1 year at a time 19. Kolkata 20. Raja Jai Singh

Under which act does the Cooperative society in Maharashtra have to get registered?

Description : Under which act does the Cooperative society in Maharashtra have to get registered?

Last Answer : Under which act does the Cooperative society in Maharashtra have to get registered?

Which of the following is not correctly matched under the Constitution of India? (1) The panchayats Part IX (2) The Municipalities — Part IX A (3) The Cooperative Societies Part IX 13 (4) Tribunals Part X

Description : Which of the following is not correctly matched under the Constitution of India? (1) The panchayats Part IX (2) The Municipalities — Part IX A (3) The Cooperative Societies Part IX 13 (4) Tribunals Part X

Last Answer : (4) Tribunals Part X Explanation: The tribunal are described in the Part XIV A of the Indian Constitution from article 323 A to 323 B. Part X deals with the scheduled and tribal areas from article 244 to article 244 A.

Distribution of food rains operates under a two her system with the introduction of - (1) Targetted Public Distribution System (2) The Consumers Cooperatives (3) The Cooperative Marketing Societies (4) The Service Cooperatives

Description : Distribution of food rains operates under a two her system with the introduction of - (1) Targetted Public Distribution System (2) The Consumers Cooperatives (3) The Cooperative Marketing Societies (4) The Service Cooperatives

Last Answer : (1) Targetted Public Distribution System Explanation: The Targeted Public Distribution System (TPDS) replaced the erstwhile PDS from June 1997. Under the new system a two tier subsidized pricing system was introduced to benefit the poor.

Distribution of food rains operates under a two tier system with the introduction of (1) Targetted Public Distribution System (2) The Consumers Cooperatives (3) The Cooperative Marketing Societies (4) The Service Cooperatives

Description : Distribution of food rains operates under a two tier system with the introduction of (1) Targetted Public Distribution System (2) The Consumers Cooperatives (3) The Cooperative Marketing Societies (4) The Service Cooperatives

Last Answer :  Targetted Public Distribution System

Industrial (Development & Regulation) Act was passed by parliament in A. 1947 B. 1949 C. 1951 D. 1956

Description : Industrial (Development & Regulation) Act was passed by parliament in A. 1947 B. 1949 C. 1951 D. 1956

Last Answer : C. 1951

Which one of the following statements is false ? (A) The Open Market Operations involve the sale or purchase of govt. securities by the Central Bank (B) The RBI manages longterm liquidity through rapos (C) The RBI manages longterm liquidity through Open Market Operations (D) Open Market Operations do not alter the total stock of govt. securities but change the proportion of govt. securities held by the RBI, Commercial Banks and Co-operative Banks

Description : Which one of the following statements is false ? (A) The Open Market Operations involve the sale or purchase of govt. securities by the Central Bank (B) The RBI manages longterm liquidity through ... change the proportion of govt. securities held by the RBI, Commercial Banks and Co-operative Banks

Last Answer : Answer: The RBI manages longterm liquidity through rapos

The central co-operative banks are directly associated with A) Central Government B) Land Development Banks C) State Co-operative Banks D) Farmers

Description : The central co-operative banks are directly associated with A) Central Government B) Land Development Banks C) State Co-operative Banks D) Farmers

Last Answer : Answer: C

_______ refers to the system in which two are more banks are brought under common control by a device other than the holding company? A. Chain Banking B. Group Banking C. Mixed Banking D. Branch Banking E. None of the Above

Description : _______ refers to the system in which two are more banks are brought under common control by a device other than the holding company? A. Chain Banking B. Group Banking C. Mixed Banking D. Branch Banking E. None of the Above

Last Answer : A. Chain Banking Explanation: Chain Banking refers to the system in which two are more banks are brought under common control by a device other than the holding company.

Consumers cooperative store is set up by the– (A) Central Government (B) State Government (C) Registrar of Cooperative Societies (D) Members

Description : Consumers cooperative store is set up by the– (A) Central Government (B) State Government (C) Registrar of Cooperative Societies (D) Members

Last Answer : Answer: Members

Where does an auditor of a cooperative society submit the audit report ? (A) To the managing committee of the society only (B) To the Registrar of Cooperative Societies of the State concerned only (C) To the State Assembly concerned (D) To the Registrar of Cooperative Societies of the State concerned and a copy to the society

Description : Where does an auditor of a cooperative society submit the audit report ? (A) To the managing committee of the society only (B) To the Registrar of Cooperative Societies of the State concerned only (C ... (D) To the Registrar of Cooperative Societies of the State concerned and a copy to the society

Last Answer : Answer: To the Registrar of Cooperative Societies of the State concerned only

Which one of the following does not deal with export promotion? (1) Trade Development Authority (2) Mineral and Metal Trading Corporation (3) Cooperative Marketing Societies (4) State Trading Corporation of India

Description : Which one of the following does not deal with export promotion? (1) Trade Development Authority (2) Mineral and Metal Trading Corporation (3) Cooperative Marketing Societies (4) State Trading Corporation of India

Last Answer : (3) Cooperative Marketing Societies Explanation: Cooperative marketing is just an extension and application of the philosophy of cooperation in the area of agricultural marketing. It is a process of ... between the producer and the consumer, thus getting the maximum price for their produce.

Which one of the following does not deal with export promotion? (1) Trade Development Authority (2) Minerals and Metals Trading Corporation (3) Cooperative Marketing Societies (4) Slate Trading Corporation of India

Description : Which one of the following does not deal with export promotion? (1) Trade Development Authority (2) Minerals and Metals Trading Corporation (3) Cooperative Marketing Societies (4) Slate Trading Corporation of India

Last Answer : (3) Cooperative Marketing Societies Explanation: According to the Reserve Bank of India, co-operative marketing is a co-operatove association of cultivators formed primarily for the purpose of helping ... based. The commodity-based societies related to grapes, oranges, banana, pomegranate, etc.

Revamped Public Distribution System provides benefits to: (a) cities (b) remote and backward areas (c) self-help groups (d) cooperative societies

Description : Revamped Public Distribution System provides benefits to: (a) cities (b) remote and backward areas (c) self-help groups (d) cooperative societies

Last Answer : (b) remote and backward areas