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