Co-operative Edu Tech

Sunday, 26 January 2020

Important Pints to Remember for Cooperative Exams

ü  The scheme formulate by RBI to protect the interest of the customers and to re-dress their grievances with regard to banking services is called Banking Ombudsman Scheme

ü  Magnetic ink character recognition technology is related to Cheques

ü  The Co-operative Bank which doesn’t come under the purview of Banking Regulation Act-Primary Agricultural Co-operative Bank
ü  Section 74A, of the Kerala Co-operative Societies Act is related to -Winding up of bank coming under DICGC

ü  Consumerfed stands for -Kerala State Co-operative Consumer Federation
ü  The statement prepared to reconcile the balance as shown by the cash book and the balance as shown by the bank pass book is called -Bank reconciliation statement

ü  In the official hierarchy of Co-operative department the officer next to the Registrar of Co-operative Societies is designated as Additional Registrar

ü  Asst. Registrar is the head of Co-operative section in Taluk

ü  Consumer Co-operative Society is known as ‘War tie babies’

ü  The amount (Chellan receipt amount) to remit for the registration of a society Rs. 50/-

ü  District Co-operative Bank bank is the custodian of ‘Subsidiary State Partnership Fund’

ü  When NFIC (National Federation of Industrial Co-operatives formed-1966
ü   
ü  Father of Co-operative Commonwealth -D.R. Gadgil

ü  Thiruvananthapuram is the headquarters of Federation of Kerala Scheduled Cast/Scheduled Tribe Co-operative Societies

ü  Surabhi is the name of Kerala Handicraft Apex Co-operative Societies

ü  Maltsyafed is Kerala State Co-operation Federation for Fisheries Development

ü  KRIBHCO is Interstate Co-operative institution
ü  Land Improvement Loans Act is passed in 1883.

ü  The first Co-operative minister of Kerala Joseph Muntaserry

ü  Dr. William King gave more importance in Co-operation education

Saturday, 25 January 2020

List of Committees Related to Banking & Finance in India


1. Abid Hussain Committee: For Small Scale Industries
2. A C Shah Committee: For Reforms Relating To Non-Banking Financial Companies (NFBC)
3. Aditya Puri Committee: For Dissemination of Credit Information
4. Arvind Mayaram Committee: For giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII)
5. Basel Committee: For Banking Supervision
6. Bimal Jalan panel: To scrutinize applications for new bank licenses.
7. Bhandari Committee: For Reconstruction of RRBs
8. Cook Committee: For Capital adequacy of banks.
9. C Rangarajan committee: For poverty scale estimates in the country
10. Damodaran Committee: For improvement of customer services in banks
11. Dave Committee (2000): For Pension Scheme for Unorganized Sector
`12. Deepak Parekh committee: For Financing Infrastructure sector
13. Janakiraman Committee: To investigate the security transactions of the bank
14. Kelkar Committee: For Tax Structure Reforms
15. K M Chandrasekhar committee: For rationalization of foreign investment norms
16. MBN Rao Committee: To prepare the blueprint of India’s first women’s bank
17. Narasimham Committee: For Banking Sector Reforms
18. Nachiket Mor Committee: For comprehensive financial services for small businesses and low-income households.
19. Naresh Chandra committee: For 14 member task force on security issues
20. Pulak Kumar Sinha Committee: To study the feasibility of Aadhaar as an additional factor for authentication of card present transactions
21. Raghuram Rajan Committee: For Financial Sector Reforms
22. R V Gupta Committee: For Small Savings
23. RS Gujral Committee: To Suggest measures to boost MSME exports.
24. Shyamala Gopinath Committee: For Suggestions on Post office small saving schemes
25. S P Talwar Committee: For Restructuring of Weak Public Sector Bank
26. SN Verma Committee (1999): For Restructuring the Commercial Banks
27. Suma Verma Committee: To update, and revise the Banking Ombudsman Scheme, 2006
28. UK Sharma Committee: For NABARD’s Role In RRB
29. Urjit Patel Committee: To examine the current monetary policy framework
30. Vaghul Committee: For Money Market In India


Friday, 24 January 2020

Kerala PSC | Model Questions in Cooperative Dairy Society Syllabus | MCQ | FAQ |


The ……………………… controls the cooperative banks that falls under the banking regulation act of 1949.
a) A Reserve Bank of India
b) B NABARD
c) C National Cooperative Union of India
d) D None of the above


Committee to Review Arrangements for Institutional Credit for Agricultural and Rural Development, under the chairmanship of Sri B Sivaraman recommended the establishment of ………………………
a) National Federation of State Cooperative Banks Ltd
b) National Bank for Agricultural and Rural Development
c) National Federation of Urban Cooperative Banks and Credit   Societies Ltd
d) National Cooperative Agriculture & Rural Development Banks’ Federation Ltd


In 1969-70 NDDB introduced a scheme for the development of dairy co- operatives known as .. …
a) A White revolution
b) B Operation flood
c) C Blue revolution
d) D Silver river

The creation of ……………………………. in 1965 was a major step towards the organisation of dairying on cooperative lines.
a) National Dairy Development Board (NDDB)
b) National Bank for Agricultural and Rural  Development
c) National Federation of Urban Cooperative Banks and Credit Societies Ltd
d) National Co- operative Development Corporation


The Kaira District Cooperative Milk Producers Union at Anand was formed in………
a) A 1913
b) B 1923
c) C 1936
d) D 1946


The products of …………………….. is popularly known by the brand name ‘Amul’.
a) A Katra Cooperative Dairy Society
b) B Kaira District Cooperative Milk Producers Union
c) C Baroda Dairy
d) D All of the above


Wednesday, 15 January 2020

Kerala PSC | Model Questions in banking syllabus | Banking Questions | Banking Syllabus |


What is the full form of CBS?
a. Core Banking Solution
b. Core Banking Software
c. Core Banking System
d. Core Banking Service
What is the full form of SWIFT?
a. Safe Window for Interbank Financial Transactions
b. Safe Window In case of Financial Transaction
c. Society for Worldwide Interbank Financial Telecommunication
d. Safe Window Institute For Transactions
What does the letter 'S' denote in the term IFSC?
a. Subscriber
b. State
c. System
d. Source
e. Standard

Which of the following defines 'Para Banking' services?
a. Eligible financial services rendered by banks
b. Services provided through business correspondents
c. Services provided to armed forces personnel
d. Utility services provided by banks

 What is the full form of NDTL?
a. New Demand & Tenure Liabilities
b. Net Demand & Time Liabilities
c. National Deposits & Total Liquidity
d. Net Demand & Tax Liabilities





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