Kerala PSC Assistant/ Jr. Clerk/ Jr. Assistant/LD Clerk (Co-operative Bank Assistant) (111/2021) Mock Test

1. Which is the Theme of International Day of co-operatives for the year 2020?

2. ‘‘Democracy is a Government in which everyone has a share” - Whose words are these?

3. According to the Kerala Co-operative Societies Act, 1969, the maximum number of members
of a Representative General Body shall not exceed ___________ in any case.

4. The term used for funds borrowed and lent mainly by banks for overnight use is :

5. Who is the head of the Co-operative department?

6. In India, “ Co-operative Week” is being celebrated every year, during the month of :

7. "Co-operation was the only instrument to implement the economic programmes of democratic
India and the prime importance will be given for the growth and development of the
co-operative sector” - In which five year plan was this statement included?

8. In the Co-operative Flag, the Red colour should be at :

9. “Co-operatives had not measured up to expectations in mobilising deposits and disbursing
credit at the retail level” – Whose opinion was this?

10. Expand J.C.C.U :

11. In which year the Reformulated Principles were adopted by International Co-operative
Alliance (ICA) :

12. Which one of the following is not a principle of co-operation?

13. The details of Nominal or Associate members are included in the ____________ Section of the
Kerala Co-operative Societies Act, 1969.

14. The jurisdiction of a circle Co-operative union is :

15. The application for registration of multi-state Co-operative Society is made to :

16. 8th Co-operative congress in Kerala was held at :

17. A smaller General Body constituted under Sec 27(2) of the Kerala Co-operative Societies Act,
1969 is called

18. Which Section of the Kerala Co-operative Societies Act, 1969 deals with the voting right of a
member?

19. Who is the author of the famous book ‘‘Towards Co-operative Common Wealth’’?

20. Richard Pioneers started their store with a share capital of :

21. All Co-operative Societies accepting deposits will have to maintain :

22. Maintenance of Books and Accounts by Societies is as per which Rule of the Kerala
Co-operative Societies Rules :

23. Every proposal for Amendment to the byelaws of Co-operative Society shall be made only by
a resolution passed by a ___________ majority of members present and voting.

24. Maximum limit for surrender of earned leave admissible to the employees of Co-operative
society on retirement is :

25. In Co-operative Society —————— is not allowed.

26. An enquiry can be ordered for the Registrar. Which of the following is an untrue statement?

27. Sec 28 A of the Kerala Co-operative Societies Act, 1969 provides for reservation of ________
of the total seats for women members in the Committee of every Co-operative Society

28. “The Peoples Bank of Northern India” is a book authored by :

29. Which is the Headquarter of the All India Federation of Co-operative Spinning Mills?

30. Final Authority of the society shall vest in :

31. The Co-operative Arbitration Court entertains :

32. Mutually Aided Co-operative Societies Act is prevailing in the State of :

33. Rules 16 to 20 of the Kerala Co-operative Societies Rules prescribes two procedures for
getting :

34. In Milk Producers Co-operative Societies, the value of milk is on the basis of the _______
of the milk.

35. An officer appointed by the Registrar as per Sec. 72 of the Kerala Co-operative Societies Act,
1969, for realization of assets and settlement of liabilities of a Co-operative Society is called :

36. On completion of the audit of the Society, the Auditor shall submit —————— or report to
the Registrar in the form prescribed by the Registrar.

37. The first Land Development Bank in the Co-operative Sector in our country was set up in :

38. In a Co-operative Society, the maximum shares held by a member shall not exceed :

39. Which is the upper limit of dividend that can be paid to members of a Co-operative Society as
per Kerala Co-operative Societies Act, 1969?

40. Co-operation is included in the _________ schedule of Indian constitution.

41. The KSCHF was registered on :

42. Rule 63 of the Kerala Co-operative Societies Rules describes :

43. The _________ implemented the “Operation Flood Programme”.

44. COINS related to :

45. The shortcomings in the Act of 1904 were removed by another legislation known as :

46. Dividend is set apart from :

47. Which has jurisdiction over the whole of the State?

48. RAIDCO is engaged in the distribution of —————— machinery.

49. ‘Kaira District Co-operative Milk Producers’ Union’, popularly known as Amul in the state
of :

50. Trading in a Consumer Co-operative Store is normally :

51. For calculating trend percentages any year is selected as :

52. Find out the cost of sales from the following information :

1. Net sales ₹ 15,00,000
2. Indirect expenses ₹ 3,00,000
3. Gross profit ₹ 2,00,000

53. The risk associated with a project and the way by which it is categorised by a well diversified
investor is :

54. The compound rate at which a firm has to earn return on its investment in order to pay
reasonable return to the investors of fund as in the form of interest and /or dividend is
called :

55. The very purpose for which an organisation is existed is called :

56. What is the foundation of blue ocean strategy?

57. What is the activity, set of institutions, and process for creating, communicating, delivering,
and exchanging offerings that have value for customers, clients, partners and society at
large?

58. When business concerns make marketing decisions by considering consumer’s wants and the
long-run interests of the concerns, consumer and the general public, they are practicing
which of the following principles?

59. In an accounting system, document which supports journal entries is classified as :

60. Difference between final sales value and separable costs is equal to :

61. A simultaneous purchase and sale of foreign exchange for two different dates is known as :

62. What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)?

63. Which one of the following is not an object of Atal Pension Yojana (APY)?

64. "Repo Rate" refers to the rate at which :

65. Minimum Alternate Tax (MAT) U/s 115 JB of the Income Tax Act is applicable on :

66. The first man who advocated the view that the management should and can be taught is :

67. Espirit de corps means :

68. A system of co-operative activities of two or more persons is called :

69. Goals, aims, purposes, mission and targets are collectively called :

70. The subordinate is given with the authority to do all the functions in the department is
called :

71. The concept of management accounting was coined by :

72. GST is a consumption of goods and service tax based on :

73. Examining of past performance, exploring alternative and planning future is :

74. Graph which plots series of successive observations of specific procedure, operation or step at
regular time interval is called :

75. The difference between the price that consumers pay and the price that they are willing to
pay :

76. The practice where only extra-ordinary or non-routine matters are referred to the top
management and all routine and day to day matters are handled at lower level management
can be called :

77. International capital market is also called :

78. The tax that a business pays on a purchase and that it can use to reduce its tax liability
when it makes a sale is called :

79. In cash flow estimation, the depreciation shelters company’s income from :

80. Contingencies and Events occuring after Balance Sheet date are dealt with :

81. When a person legally exploits the tax system to reduce tax liabilities, it is called :

82. The situation where the aggregate of the par value of its shares and debentures exceeds the
true value of its fixed assets is called :

83. AIIRR (International Rate of Return) , the PI (Profitability Index) is :

84. A retroactive arrangement between two parties who have no previous obligations to one
another :

85. Name the present governor of RBI :

86. The types of goodwill where the customers are more loyal to a brand or company name :

87. A primary market offer to the existing shareholders to buy additional shares of the company
on a pro-rata basis within a specified date at a discounted price than the current market
price is called :

88. That portion of subscribed capital which remains uncalled except in case of winding up or at
the time of liquidation is called :

89. The minimum number of shares a person must own as provided in the company, in order of
quality to become a director of the company is called :

90. What is the excess of net assets over consideration paid?

91. Name the application of ICT for delivering Government services to citizens in a convenient,
efficient and transparent manner. The objective is to ensure that the services of the
Government reach the public promptly and effectively :

92. Global System for Mobile (GSM) is a globally accepted standard for digital cellular
communication that is created first time in which generations of mobile communication :

93. Full form of SIM is :

(i) Subscription Identification Mobile
(ii) Subscriber Identity Mobile
(iii) Subscriber Identification Module
(iv) Subscriber Identity Module

94. Real-time exchange of text messages between two or more persons over Internet is termed
as :

95. Information Technology Act 2000 is amended in which year :

96. Section 66E of IT Act 2000 and IT Amendment comprises:

97. The compulsive desire or excessive enthusiasm to check or accumulate news and information,
typically via mobile phone or computer. Constantly checking e-mails, social networking sites,
online news, etc. are the symptoms :

98. The small text files used by browsers to remember our email id’s, user names, etc are known
as :

99. An application software for accessing the World Wide Web. It is used to navigate through
web pages in the World Wide Web :

100. A challenge-response test in the form of an image of distorted text the user must enter that to
determine whether the user is human or an automated bot :