Question 1
What is the primary guiding principle of co-operatives regarding voting rights of members?
Correct Answer:
One member, one vote
Question 2
Which article of the Constitution of India, inserted by the 97th Amendment Act, 2011, guarantees the right to form co-operative societies?
Correct Answer:
Article 19(1)(c)
Question 3
Under which Act are co-operative societies that operate in more than one state registered in India?
Correct Answer:
Multi-State Co-operative Societies Act, 2002
Question 4
Under which section of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), must a co-operative society obtain a license from the RBI to carry on banking business?
Correct Answer:
Section 22
Question 5
What percentage of net profits must a co-operative bank statutorily transfer to its Reserve Fund each year under co-operative societies law?
Correct Answer:
Not less than 25%
Question 1
Exam overview

About this Exam

Prepare with the IIBF UCB Certificate Practice Questions - IIBF Certificate Examination in Urban Co-operative Banking Exam practice quiz. This question bank includes 100 questions covering co-operative, bank, ucbs, banking, and regulation. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

More details

Additional Information

IIBF UCB Certificate Practice Questions - IIBF Certificate Examination in Urban Co-operative Banking Exam

This practice set contains 100 questions from the matching question bank and focuses on co-operative, bank, ucbs, banking, and regulation. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

Quiz information

Frequently Asked Questions

The complete question count is available after full access is unlocked.
No fixed duration is currently configured for this quiz.
Question explanations are included where they are available in the quiz content, helping you review the reasoning after answering.
Yes. You can retake the practice test again as you continue studying during your available access period.
After your access is confirmed, you can continue into the complete practice exam from this quiz flow.
Unless explicitly stated otherwise, this page provides independent practice material for study and exam preparation and is not the official examination itself.
Keep studying

Related Questions