13 - Cooperative Banks in India

Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Cooperative Banks in India for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking and CAT / MBA entrance examinations of India

1. Who manages the registration and management activities of Urban co-operative banks in India?

[A] RBI
[B] NABARD
[C] RCS
[D] None of the above

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2. Which of these are at the lowest rung of Rural Cooperative banking structure in India?

[A] State Cooperative Banks
[B] District Central Cooperative Banks
[C] Primary Agricultural Credit Societies
[D] None of the above

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3. When was the first law, regulating the working of cooperative societies, was promulgated by British India Government?

[A] 1902
[B] 1904
[C] 1907
[D] 1908

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4. Where was the first society under Cooperative Societies Act 1904 registered in India?

[A] Madurai
[B] Kanjipoorum
[C] Gaya
[D] Panaji

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5. Who regulates the functioning of District Cooperative Banks in India?

[A] State Government
[B] RBI
[C] State Cooperative Banks
[D] None

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6. Which of these committees was formed in 1915 to review the performance of cooperative societies and suggest measures for strengthening them?

[A] Raja Hari Committee
[B] Maclagan Committee
[C] Saraiya Committee
[D] Frederick Nicholson Committee

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7. Which of these committees in 1945 recommended the setting up of a Cooperative Training College in every state?

[A] Saraiya Committee
[B] Machalan Committee
[C] Narsimaham Committee
[D] Rajagopalachari Committee

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8. Which was the first Cooperative Bank established in India?

[A] Bharat Co-operative Bank Limited
[B] Kangra Central Co-operative Bank Limited
[C] Anyonya Co-operative Bank Limited
[D] Abhyudaya Co-operative Bank

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9. Which of these is a Cooperative Bank in India?

[A] Cosmos Bank
[B] SVC Bank
[C] Janata Sahakari Bank
[D] All of the above

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10. Which is the largest cooperative bank of India presently?

[A] Saraswat Bank
[B] NKGSB Cooperative Bank
[C] Apna Sahakari Bank Ltd
[D] None of the above

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