Co-operative Banks in India

Banking General Knowledge Test Preparation and also Useful for UPSC, DSSB, Bank PO, SSC and Other Competitive Entrance Exams Preparation and Practice Material

25 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

Which of the following co-operative banks has merged its 10 loss-making branches?

  1. Ahmedabad Mercantile Co-operative Bank.
  2. Bharat Co-operative Bank
  3. Madhavpura Mercantile Co-operative Bank.
  4. Express Co-operative Bank of Maharashtra and Goa.
Question 2 Multiple Choice (Single Answer)

A non-scheduled Urban Co-operative Bank can deposit…………………of its capital in a scheduled Urban Co-operative Bank.

  1. 10%
  2. 15%
  3. 20%
  4. 25%
Question 3 Multiple Choice (Single Answer)

The NPA level of a District Central Co-operative Bank or a Regional Rural Bank should be less than………………... to get unlimited refinance fork NABARD?

  1. 15%
  2. 12%
  3. 10%
  4. 6%
Question 4 Multiple Choice (Single Answer)

A scheduled Urban Co-operative Bank can mobilize deposits from a non-scheduled Urban Cooperative Banks to the extent of……………………..of its total demand and time liabilities in preceding year—

  1. 10%
  2. 15%
  3. 20%
  4. 25%
Question 5 Multiple Choice (Single Answer)

Which co-operative bank was closed and reopened?

  1. Charminar Co-operative Bank
  2. Janta Co-operative Bank, Dholka
  3. Welfare Co-operative Bank, Bhavnagar
  4. Ujjwal Co-operative Bank, Ahmedabad
Question 6 Multiple Choice (Single Answer)

Non-scheduled Urban Co-operative Banks can have deposits in those non-scheduled Urban Co-operative Banks

  1. That have earned Net Profit in last three Financial Years.
  2. That have NPA level of below 7%.
  3. That have Capital Adequacy Ratio of 9% or more.
  4. All the above
Question 7 Multiple Choice (Single Answer)

Which is the first Urban Co-operative Bank to introduce 'Entrepreneurship Core Banking'?

  1. Bharat Co-operative Bank Ltd
  2. Gujrat Co-operative Bank Ltd.
  3. Maharashtra State Co-operative Bank Ltd.
  4. Ahmedabad Mercantile Co-operative Bank Ltd.
Question 8 Multiple Choice (Single Answer)

Which of the following statements is correct regarding co-operative banks?

  1.     State Co-operative Bank is Apex Co-operative bank whose capital is owned by Central Co-operative Banks and State Governments.
    
  2.     Each State has one or more State Co operative Bank(s).
    
  3.     State Co-operative Banks can establish their branches at centre where there is no Central Co-operative bank.
    
  1. 1
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3
Question 9 Multiple Choice (Single Answer)

Capital Adequacy Norms are applicable for Urban Co-operative Banks (as are applicable to commercial banks) from

  1. March 2005
  2. March 2006
  3. March 2007
  4. March 2008
Question 10 Multiple Choice (Single Answer)

Which of the following statements is correct regarding Central Cooperative Banks?

  1.     These banks are established under Co-operative Societies Act 1912.
    
  2.     Each district has a Central Co-operative Bank whose Capital is owned by Primary Co-operative Societies.
    
  3.     These banks, like other banks, mobilize public deposits and provide short term loans to their customers.
    
  1. 1
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3
Question 11 Multiple Choice (Single Answer)

How many Primary Agricultural Societies regulated by NABARD are functioning in India?

  1. 604
  2. 704
  3. 804
  4. 904
  5. 504
Question 12 Multiple Choice (Single Answer)

Which of the following statements is not correct regarding Primary Co-operative Credit Societies?

  1.     These Societies mobilize deposits from rural and urban areas and provide short-term loan to its members.
    
  2.     Entrance Fees, Share Capital, Deposits from Public, Reserve Fund, and Deposits from other credit societies/co-operative banks are the major sources of Capital of these Societies.
    
  3.     These Societies provide loans to their members only.
    
  1. 1
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3
Question 13 Multiple Choice (Single Answer)

How many scheduled Urban Co-operative Banks are there in India?

  1. 52
  2. 72
  3. 92
  4. 102
  5. 112
Question 14 Multiple Choice (Single Answer)

How many Urban Co-operative Banks are there in India?

  1. 2104
  2. 3104
  3. 4104
  4. 5104
Question 15 Multiple Choice (Single Answer)

Which is the largest co-operative bank of India?

  1. Saraswat Co-operative Bank
  2. Shamrao Vitthal Co-operative Bank
  3. Maratha Mandir Co-operative Bank
  4. South Indian Co-operative Bank
  5. None of these
Question 16 Multiple Choice (Single Answer)

How many State Co-operative Banks are there in India?

  1. 30
  2. 40
  3. 50
  4. 55
  5. 60
Question 17 Multiple Choice (Single Answer)

What is the number of branches of all State Co-operative Banks?

  1. 847
  2. 947
  3. 1047
  4. 1147
  5. 1155
Question 18 Multiple Choice (Single Answer)

How many District Central Co-operative Banks are there in India?

  1. 284
  2. 318
  3. 384
  4. 418
  5. 345
Question 19 Multiple Choice (Single Answer)

Which of the following statements is correct regarding Urban Co-operative Banks?

  1.     There are more than 2000 Urban Co-operative Banks in India at present.
    
  2.     Urban Co-operative Banks are regulated by Reserve Bank of India and Registrar of Co-operative Societies both.
    
  3.     90-days NP A norms are applicable in Urban Co-operative Banks since March 2004.
    
  1. 1
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3
Question 20 Multiple Choice (Single Answer)

Which Urban Co-operative Bank(s) was/were declared as a Non-Scheduled Co-operative Bank(s) by the Reserve Bank of India?

  1. Thane Bharat Sahakari Bank
  2. Jorastrain Co-operative Bank
  3. Both the above
  4. None of the above
  5. Akhand Anand Co-Operative Bank Ltd.
Question 21 Multiple Choice (Single Answer)

What is the number of branches of all 318 District Central Co-operative Banks?

  1. 9652
  2. 10652
  3. 11652
  4. 12652
Question 22 Multiple Choice (Single Answer)

A scheduled co-operative bank is a co-operative bank that has its aggregate Demand and Time Liabilities of…………………..or more and which has been authorised by Reserve Bank of India to issue Bank Guarantee.

  1. Rs 50 crore
  2. Rs 100 crore
  3. Rs 200 crore
  4. Rs 500 crore
Question 23 Multiple Choice (Single Answer)

Choose the correct statement(s):

NABARD provides unlimited refinance facility to a co-operative bank if
1. its NPA level is below 15%
2. its Capital Adequacy Ratio is more than 9%
3. its loan recovery is 90% or more

  1. 1
  2. 1 and 2
  3. 2 and 3
  4. 1, 2 and 3
  5. 3
Question 24 Multiple Choice (Single Answer)

What is the number of branches of all 1525 Primary Co-operative Banks?

  1. 4000
  2. 4500
  3. 5000
  4. 5500
  5. 6000
Question 25 Multiple Choice (Single Answer)

How many Primary Co-operative Banks are there in India?

  1. 1425
  2. 1525
  3. 1625
  4. 1725
  5. 1825