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PPSC Assistant Registrar Cooperative Societies 2016 Solved Past Paper

PPSC Assistant Registrar Cooperative Societies 2016 Solved Past Paper
PUNJAB PUBLIC SERVICE COMMISSION (PPSC) WRITTEN EXAMINATION FOR RECRUITMENT TO THE POST OF ASSISTANT REGISTRAR COOPERATIVE SOCIETIES (BP-17) IN THE PUNJAB COOPERATIVES DEPARTMENT -2016

1. Which rules of the cooperative societies rules, 1927 is deal with arbitration
(A) 30
(B) 31
(C) 32 ✓
(D) 33


2. ______ should be maintained by every society which derives a profit
(A) Reserve fund ✓
(B) Resources
(C) Profit account
(D) Account books


3. Which rules of the cooperative societies rules, 1927 is deal with loans and deposits
(A) 7 ✓
(B) 9
(C) 11
(D) None of these


4. Currently cooperative society department is working in ____ districts of Punjab
(A) 30
(B) 32
(C) 34
(D) 36 ✓


5. More than 10% of a society's dividend is transferred to its member in case of ______
(A) Banking Society
(B) Housing society
(C) Producers society
(D) All of these ✓


6. The cooperative wholesale society of _____ was established in 1868
(A) Germany
(B) Scotland ✓
(C) Great Britain
(D) Ireland


7. The social role of cooperatives grows when they participate in ____ struggle of the working class
(A) Economic
(B) Political
(C) Both'a'and'b' ✓
(D) None of these


8. The registrar of cooperative societies is appointed by the provincial government under the section ___ of Cooperative Act 1925.
(A) 15
(B) 8
(C) 14
(D) 4 ✓


9. The _____ cooperatives are predominating In the African countries
(A) Marketing
(B) Consumers
(C) Housing
(D) None of these


10. The name of a society can be changed by the resolution of general meeting and by the approval of
(A) Registrar of cooperative societies ✓
(B) Provincial government'
(C) Federal government
(D) Secretary cooperatives


11. According to the bylaws, a member cannot be elected as a committee member until  ?
(A) He is certified from the bank for his financial conduct
(B) Should be above 21 years of age
(C) Should be of sound mind
(D) All of these ✓


12. The biggest international association of cooperatives is the
(A) International cooperative authority
(B) International cooperative Alliance ✓
(C) International cooperative movement
(D) International cooperative association


13. The federal bank for cooperatives was established in
(A) 1972
(B) 1974
(C) 1976 ✓
(D) 1978


14. For agricultural societies, the registration fee is bound not to exceed Rs.___
(A) 500 ✓
(B) 600
(C) 400
(D) 1000


15. The history of cooperative movement in India Is broadly divided into phases
(A) Two ✓
(B) Three
(C) Four
(D) None of these


16. The cooperative societies' act of 1925 comprises of chapters
(A) 10
(B) 11 ✓
(C) 12
(D) 13


17. In Pakistan, cooperatives were introduced by the adoption of cooperative credit societies act of
(A) 1876
(B) 1904 ✓
(C) 1918
(D) 1925


18. The Cooperative Societies’ Act of 1925 comprises of sections
(A) 73 ✓
(B) 75
(C) 77
(D) 79


19 Which section of the Cooperative Societies Act, 1925 deals with the definitions?
(A) 2
(B) 3 ✓
(C) 4
(D) 5


20. Section 20 of the Cooperative Societies act, 1925 deals with
(A) Penalty
(B) Internal audit committee
(C) Disposal of surplus assets
(D) Address of society ✓


21. Which chapter of the Cooperatives Societies' Act of 1925 deals with property and funds of societies?
(A) 2
(B) 4
(C) 6 ✓
(D) 8


22. ____ is known as legal proceedings and are commenced by a petition
(A) Suit ✓
(B) Charge
(C) Summon
(D) Trial


23. Bylaws mean
(A) According to laws
(B) Various clauses of a law
(C) Distinct law
(D) A corporation's rules and regulation ✓


24. In Pakistan, which one is the main characteristic of rural areas?
(A) Rapid infrastructure development
(B) Capital intensive industrial growth
(C) High rate of in-migration ✓
(D) High dependence on agriculture


25. In Pakistan, the percentage of farms under 5 hectares of land is  ____
(A) 65.6
(B) 75.6 ✓
(C) 85.6
(D) 95.6


26. Which section of the Cooperative Societies Act, 1925 deals with effect of cancellation of registration?
(A) 49 ✓
(B) 51
(C) 53
(D) 67


27. By Laws may be by a resolution passed at a general meeting of the society
(A) Made
(B) Altered
(C) Abrogated
(D) All of these ✓


28. Who is the highest ranked officer at divisional level in cooperative society department?
(A) Registrar cooperative society
(B) Joint registrar cooperative society
(C) Circle registrar cooperative society ✓
(D) Deputy registrar cooperative society


29. The field officer in cooperative society department is
(A) Inspector cooperative society
(B) Sub-inspector cooperative society
(C) Both 'a' and 'b' ✓
(D) None of these


30. IFFCO and KRIBHCO are the examples of
(A)  ✓
(B)
(C) Both 'a' and 'b*
(D) Noneofthese


31. A cooperative society can be formed as per the provisions of the cooperative societies Act
(A) 1897
(B) 1912
(C) 1925 ✓
(D) 1927


32. Lockhurst Lane industrial cooperative society was founded in ____
(A) 1832 ✓
(B) 1842
(C) 1852
(D) 1862


33. Profit is shared amongst members on the basis of member's ____ in the business of the society.
(A) Participation ✓
(B) Marketing
(C) Middlemen
(D) Interest


34. The grounds for cancellation of membership of a society member is ____
(A) Death
(B) Abandoning residence
(C) Bankruptcy
(D) Ail of these ✓


35. The liquidator has to submit _____ progress report to the registrar in such form as the registrar may require.
(A) Weekly
(B) Fortnightly
(C) Monthly
(D) Quarterly ✓


36. When the audit is made by an official auditor a fee of Rs.____ per day for the whole period of the audit shall be recovered from the society and credited to government.
(A) 500
(B) 1000
(C) 2000
(D) None of these ✓


37. Agricultural credit societies cannot accept deposits which are not fixed for a period of at least
(A) One month
(B) Two months ✓
(C) Three Months
(D) Six months


38. Indian cooperative movement was basically organised against the exploitation of unscrupulous money lenders to exonerate the farming community from the web of
(A) Poverty
(B) Indebtedness
(C) Both‘a’and‘b’ ✓
(D) None of them


39. Producers cooperative society was formed to help producers to procure
(A) Raw material
(B) Tools
(C) Equipment
(D) All of these ✓


40. The first civil agricultural cooperatives were created in in the second half of ____ Nineteenth century.
(A) Europe ✓
(B) Sub-continent
(C) USA
(D) None of these


41. Co-op city in New York is the largest cooperative housing development in world with ____ people
(A) 25000
(B) 55000 ✓
(C) 75000
(D) 95000


42. Headquarter of Hokuren Federation of Agricultural Cooperatives is in Sapporo,
(A) Japan ✓
(B) France
(C) China
(D) Germany


43. According to cooperative economist the aim of a cooperative wholesale society is to arrange bulk purchases and organize production.
(A) Robert Owen
(B) George Galloway
(C) Jhon Struass
(D) Charles Gide ✓


44. On or before 15th of each year ___ the committee of every society publish an annual balance sheet.
(A) June
(B) July
(C) August
(D) September ✓


45. Credit societies were organised on the basis of two models
(A) One for rural areas and other for urban areas ✓
(B) One for rural areas and other for periurban areas
(C) One for rural areas and other for remote areas
(D) One for rural areas and other for distant areas


46. Economic democracy is a ____ philosophy
(A) Social
(B) Economic
(C) Both 'a' and 'b' ✓
(D) None of these


47. Currently _____ is the second largest sector of the economy of Pakistan?
(A) Agriculture
(B) Manufacturing
(C) Services ✓
(D) Energy


48. The Cooperative Societies Act, 1925 was enforced on
(A) 16th December, 1925
(B) 16th December, 1927
(C) 4th December, 1925 ✓
(D) 4th December, 1927


49. Professional managers do not prefer to work in cooperatives societies because they do not get adequate
(A) Capital
(B) Profit
(C) Dividend
(D) Remuneration ✓


50. A “Resource Society" means a society formed with the objective of obtaining for its members
(A) The goods
(B) The services
(C) The credit
(D) All of these ✓
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51. In any society, in case of an equality of votes the shall have a casting vote
(A) President
(B) Chairman ✓
(C) General Secretary
(D) None of these


52. The person auditing the accounts of any society shall have to the books and accounts.
(A) Free access ✓
(B) Limited access
(C) No access
(D) Conditional access


53. Which one is a real account?
(A) Income account
(B) Rent expenses account
(C) Insurance account
(D) Cash account ✓


54. Accounting basically relates to ____ Jobs
(A) Auditing
(B) Book keeping and auditing
(C) Both *a" and V ✓
(D) None of these


55. The most liquid assets considered are
(A) Debit card
(B) Cheque
(C) Cash ✓
(D) Security


56. Cash book records
(A) Cash payments
(B) Cash receipts
(C) Both “a” and "b” ✓
(D) None of these


57. Which one is not the nominal account?
(A) Insurance
(B) Capital ✓
(C) Sales
(D) Machinery


58. Cooperatives are classified as
(A) Purchasing
(B) Consumers
(C) Producers
(D) All of these ✓


59. Which rules of the Cooperative Societies Rules, 1927 deal with Bye-laws?
(A) 3
(B) 5 ✓
(C) 7
(D) 9


60. A cooperative society works on the principles of ^ and
(A) Self-help and mutual help ✓
(B) Own motives and own profits
(C) Others loss and own profit
(D) Own loss and other profit


61. District Cooperative Societies Officer is also known as
(A) Assistant registrar
(B) Circle registrar ✓
(C) Joint registrar
(D) None of these


62. The first article of the bylaws of a cooperative society is
(A) Activities of the cooperative society
(B) Name of co-operators
(C) Name, Address & Jurisdiction ✓
(D) None of these


63. Cooperative societies are based on the values of
(A) Democracy and equality
(B) Equity and solidarity
(C) Self- help and self-responsibility
(D) All of these ✓


64. The motive of a cooperative society is to
(A) Provide Service ✓
(B) Provide
(C) Earn profit
(D) None of these


65. Cooperatives are a separate
(A) Legal entity ✓
(B) Illegal entity
(C) Marketing entity
(D) None of these


66. According to the Cooperatives Act of 1626, a producers' cooperative can be formed with ___ member Taps
(A) 10
(B) 20
(C) 30 ✓
(D) 40


67. _____ is called the father of cooperative movement
(A) George Galloway
(B) Robert Owen ✓
(C) Jhon Struass
(D) Michael Burton


68. The Federal Bank for Cooperatives was established in
(A) 1956
(B) 1976 ✓
(C) 1986
(D) 1996


69. A Cooperative society is a voluntary association of individuals having
(A) Different needs
(B) Diversified needs
(C) Basic needs
(D) Common needs ✓


70. Consumers’ cooperatives help in eliminating the role of
(A) Mega Stores
(B) Banks
(C) Middlemen ✓
(D) Markets


71. Agricultural cooperative society can be formed under the cooperative societies act, 1925 by a minimum of members
(A) 30 ✓
(B) 35
(C) 40
(D) 45


72. Cooperative society’s registration requirements are
(A) Names of all the members
(B) By laws of the society
(C) Application with signatures of all the members
(D) All of these ✓


73. A cooperative society can be formed under the
(A) Cooperative societies Act 1912
(B) Cooperative societies Act 1925 ✓
(C) Cooperative societies Act 1927
(D) Cooperative Societies Act 1944


74. The cooperative movement first started from
(A) Germany
(B) England ✓
(C) Spain
(D) India


75. The cooperative movement started in
(A) 16th century
(B) 17th century
(C) 18th century
(D) 19th century ✓


76. The first consumers’ society arose among in Turin in 1853
(A) Airline Workers
(B) Railroad Workers ✓
(C)
(D)


77.   was the founder of cooperative movement In 8ub-oontlnant.
(A) Lord Curzon ✓
(B) Lord Reading
(C) Lord William
(D) Lord Byron


78. The first credit cooperative was founded In 1605 In _________
(A) India
(B) England
(C) Russia ✓
(D) Germany


78. The term cooperation Is derived from
(A) Cooperati
(B) Cooperari ✓
(C) Cotoperarl
(D) Cooperi


80. “KCHSU" stands for
(A) Karachi Cooperative Housing Societies Unit
(B) Karachi Cooperative Housing Sector Unit
(C) Karachi Corporate Housing Societies Union
(D) Karachi Cooperative Housing Societies Union ✓


81. The cooperative societies reforms order was issued in
(A) 1870
(B) 1872 ✓
(C) 1974
(D) 1976


82. “ICA” is the abbreviation of
(A) International Cooperative Alliance ✓
(B) International Cooperative Authority
(C) International Cooperative Association
(D) None of these


83. William King set up a newspaper "the Cooperator” in
(A) 1808
(B) 1818
(C) 1828 ✓
(D) 1838


84. Cooperative societies department’s head is
(A) Principal cooperative college
(B) Registrar cooperative society  ✓
(C) Manager cooperative bank
(D) Secretary cooperative department


85. in Japan, one out of every families is a member of cooperatives
(A) Three ✓
(B) Four
(C) Five
(D) Six


86. The membership of a cooperative society is known as:
(A) Status Membership
(B) Political membership
(C) Honorary membership
(D) Voluntary membership ✓


87. In 2009, the United Nations declared the year ___ as the international year of cooperatives
(A) 2010
(B) 2011
(C) 2012 ✓
(D) 2013


88. The cooperative societies may be of ___ types in agriculture
(A) One
(B) Three ✓
(C) Five
(P) Seven


88. Small producers who face difficulties In selling their produce, form
(A) Marketing cooperatives ✓
(B) Input cooperatives
(C) Housing cooperatives
(D) Credit union


90. On the first of July each year, the ICA coordinates celebrations of International Cooperative Day
(A) Saturday ✓
(B) Sunday
(C) Tuesday
(D) Friday


91. Which one of the following statements is true for cooperatives?
(A) Each member has to pay certain charges for membership
(B) Government encourages the formation of cooperative societies ✓
(C) A cooperative society is managed by a single person
(D) The members have unlimited liabilities


92. Pakistan inherited the cooperative philosophy through the Idea of tackling rural indebtedness which was related to
(A) Output Supply
(B) Food supply
(C) Input supply
(D) Credit supply ✓


93. The Cooperative Training College was established at ____ in 1960
(A) Faisalabad ✓
(B) Lahore
(C) Multan
(D) Bahawalpur


94. The Chief Minister of Punjab banned the registration of new cooperatives in:
(A) 1995
(B) 1996
(C) 1997 ✓
(D) 1998


95. Village service cooperative society Is an example of
(A) Cooperative farming soolety
(B) Housing cooperative society
(C) Consumers1 cooperative society
(D) Cooperative credit society ✓


96. In ___ about 45 million people are members of a credit union
(A) Europe
(B) Asia ✓
(C) Africa
(D) Australia


97. The main objective of cooperative movement in Sub-continent was to help:
(A) Small fanners ✓
(B) Large farmers
(C) Small scale industry
(D) Large scale industry


98. The housing cooperative societies in Pakistan acquire land from
(A) Auqaf department
(B) Landlords ✓
(C) Cooperative department
(D) State


99. The Best Western International hotel chain Is considered as a_____
(A) Wholesalers' cooperative
(B) Retailers cooperative
(C) Consumers cooperative
(D) Utility cooperative


100. Village service cooperative society and the urban cooperative banks are the examples of
(A) Cooperative credit society ✓
(B) Consumers' cooperative society
(C) Cooperative marketing society
(D) Cooperative farming society

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