Previous Question 8

 1 . Federal Reserve System in USA established in ? 

     1913

2 . Royal Commission on currency and finance is known as ?

     Hilton Young Commission 

3 . RBI  Act was enacted on ?

     6th March 1934

4 . Co operative News Digest is the publication of ?

     RBI

5 . Lead bank scheme started by ?

     RBI 

6 . The rate at which commercial banks rediscount their bill of exchange is known as ?

     Bank Rate

7. RBI established on ?

     1st April 1935

8 . Hilton Young Commission popularly known as ?

      Royal Commission 

9 . Section 18 of BR Act deals with ?

     CRR

10. Section 42 of RBI Act deals with ?

     CRR

Securities Exchange Board of India ( SEBI )

• SEBI is a Statutory body

• SEBI established in April 12 , 1988

• SEBI Act 1992

• SEBI Act came to force on January 30 , 1992

• First Chairman of SEBI was Dr S A Dave

• Chairman of SEBI appointed by Central government 

KRIBHCO

• Krishak Bharati Co operative Limited known as KRIBHCO

• KRIBHCO is a national level co operative society of India engaged in fertilizer production and distribution 

• KRIBHCO established on 17th April 1980 

• Headquarters of KRIBHCO is at Noida in Uttar Pradesh 

• " Co operative and beyond " is the motto of KRIBHCO 

• KRIBHCO registered under Multi State Co operative Societies Act of 2002 

• Krishak Saarthi is the monthly publication of KRIBHCO 

• City compost , Neem coated urea are the product of KRIBHCO 

• OMIFCO and KRIL are the joint venture of KRIBHCO 

• Oman India Fertilizer Company SAOC is known as OMIFCO 

• OMIFCO has been established by the Republic of India and Government of Oman 

• OMIFCO is owned 50% by Oman Oil Company SAOC ( OQ ) 25% by IFFCO and 25% by KRIBHCO 

• KRIBHCO Infrastructure Limited known as KRIL 

• KRIL established on 16th April 2009 

• KRIBHCO Fertilizers Limited ( KFL ) and KRIBHCO Agri Business Limited are the subsidiaries of KRIBHCO 

• " The co operation is the only way of becoming self reliant, independent & progressive " coined by Mr Paul Pothen   
• Paul Pothen is the founder MD of KRIBHCO 

RTGS ( Real Time Gross Settlement )

RTGS - Real Time Gross Settlement

• RTGS stands for Real Time Gross Settlement

• RTGS system where there is continuous and real-time settlement of fund-transfers, individually on a transaction-by-transaction basis

• The funds settlement takes place in the books of the Reserve Bank of India (RBI), the payments are final and irrevocable

• The system is available on all days on 24x7x365 basis

• The remitter need not use a physical cheque or a demand draft

• Remitter can initiate the remittances from his / her home / place of work using internet banking, if his / her bank offers such service

• RTGS system does not accept future value dated transactions

• RBI limits transaction charges

• With effect from July 01, 2019, RBI has waived the processing charges levied by it for RTGS transactions

1. Inward transactions – Free

2. Outward transactions Rupees 2,00,000 to 5,00,000 not exceeding Rupees 25 (exclusive of tax, if any)

3. Above Rupees 5,00,000 not exceeding 50 (exclusive of tax, if any)

• RTGS transactions are processed continuously on a transaction-by-transaction basis throughout the day

• RTGS is available 24x7x365 with effect from December 14, 2020

• RTGS transactions transfers have no amount limit set by RBI

• RTGS transactions transfers have no amount limit set by RBI

• The minimum amount to be remitted through RTGS is Rupees 2,00,000/- with no upper limit

• With effect from July 01, 2019, RBI has waived the processing charges levied by it for RTGS transactions

• Unique Transaction Reference (UTR) number is a 22-character code used to uniquely identify a transaction in RTGS system 

Regional Rural Bank ( RRB )

• Regional Rural Bank ( RRB ) established on 2nd October 1975

• RRB Act passed in the year 1976

• RRB established as per the recommendation of Narasimhan committee

• To implement 20 point programme announced by former prime minister Indira Gandhi the central Govt decided  to start RRB in the Nation

• The share capital contribution by the central government , state government and sponcer bank in the ratio 50 : 15 : 35

• Central government contributed RRB through NABARD

• First RRB in India is Moradabad in UP

• Kerala Gramin Bank is the largest RRB in India 

• Number of RRB in India is 43

Co operative Movement in Kerala

Cochin co operative Movement started in the year 1911

Cochin co operative societies Act 1913

A R Banerjee was the diwan at the time of passing Cochin co operative Societies Act 1913

The first co operative society registered under this Act was Edavanakkad Co operative society No 1

Liability of Edavanakkad Co operative society was Unlimited 

Present Name of Edavanakkad Co operative society is Edavanakkad service co operative Bank Ltd No 1

Travancore co operative societies Act 1914

First society registered under this Act was Trivandrum central Co operative Bank

Present Name of Trivandrum central Co operative Bank is Kerala Bank 

First registrar of travancore state was C Govindapillai

The first society registered under this Act was Koduvayur Agricultural credit society

Koduvayur Urban Bank is the present name of Koduvayur Agricultural credit society

Travancore Cochin co operative societies Act 1951

Travancore and Cochin states merged in the year 1949

Kerala Co operative Societies Act 1969

Madras co operative societies Act 1932

Full Form of Banking Terms

 1.Full form of NEFT 

National Electronic Fund Transfer

2. Full form of RTGS

Real Time Gross Settlement

3.Full form of CIBIL

Credit Information Bureau (India ) Limited

4. Full form of IFSC

Indian Financial System Code

5. Full Form of EMI

Equated Monthly Statement

6.Full form of MICR

Magnetic Ink Character Recognition

7.Full form of CASA

Current Account and Saving Account

8.Full form of NACH

National Automated Clearing House

9.Full form of MMID

Mobile Money Identifier

10.Full form of KYC

Know Your Customer

11.Full Form of KCC

Kissan Credit Card

12.Full form of OTP

One Time Password

13. Full form of NPCI

National Payments Corporation Of India

14. Full form of NBFC

Non Banking Financial Institution 

15. Full form of UPI

Unified Paymets Interface

16. Full Form of SWIFT

Society for World Wide Interbank Financial Telecommunication

17. Full form form GST 

Goods and Services Tax

18. Full form of NPA

Non Performing Asset

19. Full form of  TIN

Tax Information Network

20. Full form of   CVV

Card verification value

21. Full form of   SDR

Special Drawing Right

22. Full form of   IRDAI  

Insurance Regulatory and Development Authority of India

Co operative Movement in England

 

Co operative Movement England

• Co operative party is a venture in England 

• Father of co operative movement in the world - Robert Owen

• Father of co operative movement  in England -Robert Owen

• Father of British Socialism - Robert Owen

• Robert Owen born on - 14th May 1771

• The word Co operative Society first used by Robert Owen in his book the Economist

• The book, The Economist published in - 1821

• The book new view of society written by - Robert Owen

• The Village co operative was founded by - Robert Owen 

• The book " Principles of Environment " written by Robert Owen

• Doctrine of Circumstances is the idea of  - Robert Owen

• Labour exchange, Labour colonies, Labour note are the idea of - Robert Owen

• New Harmony is the co operative colony started by Robert Owen in USA

• Robert Owen is known as -Utopian Socialist

• No competition, No money, No profit is a statement made by - Robert Owen 

• Co operative wholesale stores started in England in 1863

• " Owen did not invent co operation but he was the inspiration for the co operative Movement " said by CR Fay

• First successful co operative society in the world - Rochdale equitable pioneer society

• Rochdale equitable pioneer society also known as - Toad Line 2 Stores 

• Roachdale Equitable Pioneer Society started on - 21st December 1844

• Rochdale pioneers entered into wholesale trade in the year 1855

• Formation of co operative principles was the main reason for the success of Rochdale Pioneers

• The women member in Rochdale Equitable Pioneer Society is - Eliza Brierley

• First president of Rochdale Equitable Pioneer Society - CHARLES HOWRAH

• First secretary of Rochdale Equitable Pioneer Society - JAMES DALY

• At first 28 Members joined together to form Rochdale Equitable Pioneer Society

• The working capital of Rochdale Equitable pioneer Society - 28 Pounds

• The members in Rochdale pioneers were engaged in flannel weaving 

• The book Weavers of dream written by - David J Thomson

• The book The History of Rochdale Pioneers written by - George Jacob Holyoke

• The book A century of co operation in Rochdale  written by - Henry Brown 

• Father of Co operative education - Dr William King

• Dr William King known as - christian socialist

• The christian socialist were responsible for passing of Industrial Provident Societies Act in 1852

• Dr William King born in - 1786

• The first co-operative journal in the world The Co operator 

• The Co operator Written by - Dr William King 

• The Co operator published in the year - 1828

IFSC code

 Indian Financial System Code ( IFSC )

> IFSC provided by RBI

> IFSC helps to transfer money using RTGS NEFT or IMPS

> IFSC is a alpha numeric code

> IFSC having 11 characters

> First 4 digit in IFSC mention Bank 

> Last 6 digit indicate branch 

> Fifth digit of the IFSC is zero

Milma

• Kerala Co operative Milk Marketing Federation ( KCMMF ) known as Milma 

• KCMMF established on 21st April 1980 

• Headquarters of KCMMF at Thiruvananthapuram 

• Farmers prosperity through consumer satisfaction , Keralam Kanikandunarunna Nanma are the slogan of KCMMF

• KCMMF established in connection with operation flood 2 

• Kshreera Sandesham is the publication of KCMMF

• The training institute of KCMMF is at Thrissur 

• KCMMF has a 3 tier structure 

• KCMMF at the top level , Regional Co operative Milk Producers Unions (RCMPU)at the middle level and APCOS at the base level

•  KCMMF has 3 RCMPU

               1 TRCMPU
               2 ERCMPU
               3 MRCMPU 

1. TRCMPU 

• Thiruvananthapuram Regional Co operative Milk Union Limited known as TRCMPU 

• Thiruvananthapuram , Kollam , Pathanamthitta , Alappuzha districts are come under TRCMPU 

• TRCMPU registered in 1985

2. ERCMPU

• Ernakulam Regional Co operative Milk Producer's Union Known as ERCMPU 

• Ernakulam , Thrissur , Kottayam , Idukki district are its area of operation 

• ERCMPU registered on 12th September 1985

3. MRCMPU 

• Malabar Regional Co operative Milk Producer's Union Known as MRCMPU 

• Malappuram , Wayanad , Kozhikode , Kannur , Kasaragod district are its area of operation 
• MRCMPU registered on 29 June 1989 

Member of Regional Milk Producer's Union is Apcos

First Milk supply union in Kerala is Calicut Milk Supply Union

Refresh is the brand name of fruit juice Marketed by Milma

Production bonus related to dairy societies

Thirumala Vanitha Ksheera Vyavasaya Co operative Society is the first Milk society in Kerala

CSEB Previous Question 7

 1 . Farming societies in Russia known as ?

            Ans : Kolkhoz

2 . The system of note issue followed by RBI ?

           Ans : Minimum Reserve System

3 . The headquarters of Hudco is at ?

           Ans : Delhi 

4 . Delcredere commission is usually  calculated on ? 

           Ans : Total Sales

5 . Unearned income is a ?

          Ans : Liability

 6 . Quorum for special general body  meeting  ?

          Ans: 1/3 majority 

 7 . Any officer who exicute an award or  decree is called ?

           Ans : Sale officer 

 8 . The salary and allowances of co  operative Tribunal decided by ? 

          Ans : Government

 9 . The chief exicute of PACS ?

           Ans : Secretary 

10 . The structure of co operatives in Kerala  is ? 

             Ans : Federal type

11 . First society registered under the Cochin co operative society Act ? 

              Ans : Edavanakkad Service co operative society 

12. The monitory disputes shall be referred    to ? 

              Ans : Registrar 

13. Quorum for meeting of a Circle co co operative union is ? 

              Ans : 8

14. A smaller general body constituted out            of  of general body is ? 

            Ans : Representative general body

15. Registrar of diary co operative societies          in Kerala ? 

              Ans : Director of Diary Development

16. The bank draft drawn by ? 

               Ans : Bank 

17. A bill is drawn by ? 

               Ans : creditor 

18. Another name of quantitative credit                control ? 

               Ans : General credit control

19. Deligation of authority of registrar                    mentioned in ? 

         Ans : The co operative socities Act 1912 

20. Credit to an income means ? 

              Ans : Increase

21. Poor people committee organised by ? 

              Ans : Reiffesen 

22. General ledger known as ? 

               Ans : Impersonal ledger

23. A country which no co operative.                       legislation ? 

                Ans : Denmark

24. ICA ROAP inaugurated by ? 

               Ans : Jawaharlal Nehru

25. The president of school co operative                society is ? 

               Ans : Headmaster

Cash Book

• Cash book is a book of original entry 

• Cash book is a ledger and journal 

• Cash book is a Real Account

• Cash book records Cash receipts on the debit side and payment on the Credit side 

• The opening entry in the cash book appear in the debit side 

• Credit balance in cash Book means overdraft 

• A transaction recorded in the both sides of the cash book is a contra entry

• A cash book both a journal and ledger

• Credit transactions are not recorded in the cash book 

• Cash book in a non trading concern is receipt and payment account

    Types of Cash book

       1. Single column cash book

       2. Double column cash book

       3. Three column cash book

       4. Petty cash book 

1. Single column cash book 

          

Single column cash book record all                  cash transactions 

It records all cash receipts and cash payments 

Single column cash book contains only one amount column in the debit and credit side of the cash book 

Left hand side of the cash book is receipt and right side of the cash book is payment 

2 . Double column cash book 

In double column cash book there are two column on debit and credit side , one is used to record cash transactions and second is used to record bank transactions

Double column cash book known as Two column cash book

Double column cash book records cash and bank transactions

When a cheque received and not deposited in the same day the amount of the cheque is entered in the cash column

When a cheque is received and deposited to the bank on the same day the amount of the cheque is entered in the bank column on the debit side 

3. Three column cash book 

In three column cash book there are three column in debit and credit side one is used to record cash transactions and second is used to record bank transactions and three is used to record discount 

4. Petty cash book

Petty cash book is a journal

The first column in the petty cash book is receipt column 

Petty cash book records all petty expenses

The balance of petty cash book is a asset

The amount given to the petty cashier in advance means Imprest Money 

Petty cash book is usually kept under imprest system 

Mudra bank

• Micro Unit Development and Refinance Agency Bank called as MUDRA bank 

• Mudra bank was set up under the Pradhan Mantri Mudra Yojna ( PMMY ) Scheme 

• The scheme launched by The prime minister of India Narendra Modi on 8th April 2015 

• The Loans are given by the commercial banks , RRBs , Small Finance Banks , NBFC'S . 

• The banks will classify it's client into 3 catagories 

1. Shishu 
2. Kishore
3. Tarun 

• Under Shishu covers loan upto Fifty thousand Rupees 

• In Kishore covering loans above Fifty thousand upto Five lakh 

• In Tarun covering loan above Five lakhs upto Ten Lakhs

SARFAESI ACT

 SARFAESI ACT 2002

• Full form of SARFAESI is  Securitization And Reconstruction of Financial Assets and Enforcement of Security Interest Act 

• SARFAESI ACT came into force on 21 June 2002 

• SARFAESI ACT related to loan recovery 

• SARFAESI ACT not applicable to loan  below rupees one lakh 

• SARFAESI Act does not apply to loan debt below 20% of the loan given

CSEB Previous Question 6

  1. The first committee on co operation in            India ?

               Ans : Mac Lagan Committee

 2. Formation of Land Mortgage Bank                   recommended by ?

               Ans : Royal Commission on                                           Agriculture 

 3. R G Saraiya Committee also known as ? 

               Ans : Co operative Planning                                           Committee 

 4. SBI recommend by ?

                Ans : A D Gorwala Committee

 5. The member in AIRCSC and AIRCRC was ?

                Ans : B Venkitapaih

 6. Chairman of Royal Commission on                   Agriculture ?

                 Ans : H Calvert

 7. A D Gorwala Committee appointed by ?

                 Ans : RBI

 8. One man one vote recommended by ?

                 Ans : Mac Lagan Committee

 9. B Sivaraman committee appointed by ?

                 Ans : RBI

10. Urban banks recommended by ?

                 Ans : Mac Lagan Committee

11. " If co operation fails, there will be best             hope for rural India " said by ? 

                 Ans : Royal Commission on                                           Agriculture 

12. B Venkitapaih committee appointed by ?

                 Ans : RBI

13. Sir Edward Law Committee known as ?

                Ans : Law commission

14. Mac Lagan Committee appointed by ?

                Ans: British Government

15. Craficard Committee appointed in ?

                Ans : 1979

16. Member secretary of AIRCSC ?

                Ans : N S R Sashtri

17. " Co operation had failed but it must                   succeed " said by ?

                Ans : AIRCSC

18. Prompt and timely elections in co                      operative society recommended by ? 

                Ans : A M Khusro

19. Lamps recommended by ?

                Ans : Bawa Committee

20. Magna Carta of Indian co operation ?

                Ans : AIRCSC

21. " Lack of teaching both before and after             registration " said by ?

                Ans : Mac Lagan Committee

22. A M Khusro Committee appointed by ?

               Ans  : RBI

23. Committee on model co operatives                     headed by ?

               Ans : Brahma Prakash Choudhary

24. Multi purpose co operative society                     recommended by ? 

               Ans : Saraiya Committee 

25. Integrated Scheme of Rural Credit                    recommended by ?

               Ans : AIRCSC

Relationship between Bank and Customer

Banker Customer Relationship

Deposit in Bank           - Debtor and Creditor

Loans and advances   - Creditor and Debtor

Collection of cheque   -  Agent and Principal

Payment of phone bills, Insurance etc - Agent and Principal 

Shares given for sale  -  Agent and Principal

Safe custody                 - Bailee and Bailor

Safe deposit locker     - Lessor and Lessee

Money deposited for a special purpose - Trustee and Beneficiary 

CSEB Previous Question 5

 1.Who is the father of co operation ?

       Ans : Robert Owen 

2. Closing stock is a ?
      

       Ans : Asset 

3. DICGC established in the year ?
       

       Ans : 1978 

4. Village level Dairy co operative Societies      are known as ?
       

        Ans : Apcos 

5. Bank without any branch is called as ?
       

        Ans : Unit Bank 

6. All expenses account are known as ?
      

         Ans : Nominal Account 

7. First Development Bank in India ?
       

          Ans : IFCI 

8. The largest fertilizer factory in Asia ?
     

          Ans : IFFCO 

9. Section 9 of NI Act deals with ?
      

          Ans : Holder in due course 

10. Grameeya is the half yearly publication         of ?
      

          Ans : NABARD 

11. Father of co operative credit Movement?
      

           Ans : FW Reiffesen 

12. Protest is issued by ?
      

           Ans : Notary public 

13. Village adoption scheme is related with?
      

          Ans : SBI 

14. The supreme body of NCDC ?
      

           Ans : General Council 

15. Village Co operatives were founded by ?
      

          Ans : Robert Owen 

16. The apex institution in the field of.                   industrial finance ?
      

           Ans : IDBI 

17. Debit in asset means ?
      

          Ans : Increase 

18. Depreciation for property and building?
       

          Ans : 2.5% 

19. Cash reserve ratio is determined by ?
      

         Ans : RBI 

20. Depreciation of iron mine due to ?
      

         Ans : Depletion 

21. Cancellation of shares is called as ?
      

        Ans : Forfeiture 

22. Which banks are called as Romance of           co operation ?
      

        Ans : Urban Banks 

23. An agreement enforceable by law is              called ?
      

        Ans : Contract 

24. Miscellaneous journal means ?
      

       Ans : Journal proper 

25. A group of account is known as ?
      

      Ans : Ledger

CSEB Previous Question 4

 1. President of NCDC ? 

         Ans : Union Agriculture Minister 

2. Lead link Scheme implemented in ? 

         Ans : 1976 

3. Area of operation of branch banking ? 

        Ans : Unlimited 

4. Section 6 (b) of NI Act ?

       Ans : Truncated Cheque

5. The delivery of goods by one person to            another for some purpose upon a contract      is called as ?

        Ans : Bailment

6. The clearing house activities in Kerala            coordinated by ? 

        Ans : SBI 

7. Auditor plan of action is known as ? 

        Ans : Audit Program 

8. The first international co operative day          was celebrated in ? 

        Ans : 7- 7- 1923 

9. The duty of publishing the preliminary            voters list of a co operative society in                Kerala is ? 

         Ans : Electoral officer 

10. Assets subject to depletion are called ? 

         Ans : Wasting assets

11. Full form of CIBIL ?

         Ans : Credit Information Bureau India                        Limited

12. The application for registration is                       submitted by ?

          Ans : Chief promoter 

13. The president and office bearers of the            Society shall be elected within ?

       Ans : 7 days 

14. The total number of rules in the KCS Act ?

       Ans : 201

15. The constitution of a co operative society         ?

       Ans : Byelaw

16. The winding up of a co operative society         is known as ?

       Ans : Liquidation

17. Co operation is included in the schedule           of Indian Constitution ?

        Ans : seven

18. Internal auditors of a co operative                    society is appointed by ?

      Ans : Managing committee

19. The co operative service examination               board shall consists of not more than               members ? 

       Ans : 3

20. One man one vote Principle                                 recommended by ? 

       Ans : Mac Lagan Committee

21. The custodian of minute Book of a co               operative society ? 

       Ans : Secretary

22. Neethy stores was started in Kerala in ?

       Ans : 1997

23. The number of members in a co                        operative tribunal ? 

       Ans : One 

24. Registration of partnership is ?

       Ans : Optional 

25. A bank reconciliation statement is                     prepared by ? 

       Ans : Customer 

26. A co operative society defined in ?

       Ans : Section 2h of KCS Act

27. District level Audit officer for a co                    operative society ? 

      Ans : Joint Director

28. The president and office bearers of the            Society shall be elected within of election        days from the date ?

       Ans : 7 days

29. Auditors create provisions for ?

      Ans : Overdue

30. The managing committee of state co                operative union consists of ?

     Ans : 23

31. Number of ICDP projects in kerala ?

      Ans : 5

32. Chairman of NABARD is appointed by ?

      Ans : Govt of India

33. The secretary of Circle co operative                   union ?

      Ans : Assistant Registrar

34. The custodian of professional education           fund ?

       Ans : Registrar of co operative society

35. The technical enquiry report in PCARDB         is prepared by ? 

       Ans : Valuation officer 

36. The first marketing society in India ?

       Ans : Hubli

37. Thrift fund is created by ?

       Ans : Handloom weavers Society

38. An employee of a co operative society              dismissed by ?

      Ans : President

39. Highest award given to the best co                    operator in India is ? 

      Ans : Sadanandan Award

40. DV files maintained by ?

       Ans : Agricultural and Rural                                         Development Bank 

41. Loss of goods by fire may be ?

        Ans : Credited to Trading account

42. The accounting equation is based on ? 

       Ans : Dual aspect consept

43. Author of the book ' Fundamental of co          operation ' ? 

      Ans : S . S . Puri

44. Investment banks are also called as ? 

       Ans : Industrial Bank

45. Sinking fund is usually created in ? 

       Ans : State agricultural and rural                                 development bank 

46. The headquarters of marketfed ?

       Ans : Cochin

47. The monthly publication of NCUI ?

       Ans : The co operator

48. The first non Agricultural Credit Society           in India established at ? 

      Ans : Baroda

49. Bills payable is a ? 

       Ans : Liability

50. Surabhi is an apex co operative society            of ?

      Ans : Handicraft Society

Registration of co operative society in Kerala

• Minimum number of persons required for registering a co operative society in Kerala is 25  

• The first committee formed for registration of a society is promoters  committee 

• Promoters committee consists of 3 to 5 members 

• The chief promoter elected by promoters committee

• The first general body meeting of a co operative society convened by chief promoter 

• The first general body meeting of a co operative society shall be convened within the period of three months 

• The chief promoter fail to convene the first general body within three months it shall be convened by any person authorised by Registrar of co operative  society  

• The share suspense collected by the chief promoter shall be deposited in the central bank within 14 days

• The application for Registration should be enclosed with , three copies of proposed draft byelaw, certificate from the bank showing the credit balance , Two copies  list the persons who contributed the share capital , Viability certificate , any other information required by Registrar of co operative Society 

• The form for application shall be submitted in duplicate and a court fee stamp of rupees 5 should be affixed to the original application  

• Every application shall be attached with a challan receipt for Registration fee, The payment of Registration fee related with the area of operation of the Societies

         1. Area of operation within a district ₹                 5000 

         2. Area of operation more than one                       district  ₹ 10000

         3. Area of operation within a taluk                       ₹ 2000 

        4. Area of operation more a taluk less                  than a district ₹ 4000 

        5. Women or SC / ST Societies ₹ 500 

        6. School Societies ₹ 100

• The registration certificate is the conclusive evidence of a co operative society 

• A society start it's functioning  only after conducting it's first general body meeting after getting the Registration 

• The application for registration of a society to be submitted in form No 1 

• The Registration certificate shall be issued by the Registrar in form No 3 

Permanent Book and Registers of co operative Society

 Permanent Book and Registers of 

co operative society 

1. Admission register

2. Audit Certificate 

3. Day Book

4. General Ledger

5. Loan Register

6. Liability Register

7. Minute Book

8. Nomination Register

9. Reserve Fund Register

10. Register of members eligible to vote 

11. Registered byelaw

12. Registration Certificate