Goa Board Class 12 Question Paper Mar 2018 Co-Operation (New Pattern)

2018 III 21 1000 Seat No. :

Time : 2½ Hours CO-OPERATION
(New Pattern)

Subject Code



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Total No. of Questions : 32 (Printed Pages : 4) Maximum Marks : 80

INSTRUCTIONS : i) Answer all questions.
ii) Question No. 1 to 4 are MCQ’s, Question No. 5 to 8 are one
word(s). or phrase and is of one(1) mark each.
iii) Question N. 9 to 16 are to be answered in about 30 words
and are of 2 marks each.
iv) Question No. 17 to 24 are to be answered in about 60 words
and are of 3 marks each.
v) Question No. 25 to 32 are to be answered in about 100 words
and are of 4 marks each.
vi) Internal choice to be exercised in Question No. 26, 29 and 32.

1. The principle which allows an organisation to accept business and technical
changes easily and economically is
a) Efficiency b) Balance
c) Flexibility d) Continuity

2. The authority empowered to convene the first general meeting of a Co-operative
society is
a) Registrar b) Chief Promoter
c) Secretary d) Treasurer

3. The statement which shows the financial position of a Co-operative Society on a
particular date is
a) Profit and Loss Account b) Trading Account
c) Income and Expenditure Account d) Balance Sheet
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4. The audit which is conducted before the completion of the final audit is
a) Interim audit b) Continuous audit
c) Internal audit d) Statutory audit

5. The authority appointed by the State Government to regulate the working of
Co-operative Societies in the State

6. In which year was National Co-operative Development Corporation set up ?

7. The Act which governs the functioning of all Commercial Banks in India

8. Name the commission which recommended setting up of Co-operative Societies
in 1901.

9. Outline any four functions of a Treasurer of a Co-operative Society.

10. Explain any two reasons for the cancellation of membership of a member of a
Co-operative Society.

11. Distinguish between statutory books and non-statutory books giving any two
points of difference.

12. “Every Co-operative organisation must record the business transactions
systematically in the books of accounts”. Justify the statement by pointing out
any four points of importance of maintaining accounts.

13. State any four ways in which State Bank of India provides assistance to Sugar
Co-operatives in India.

14. Write any four functions performed by NABARD for the development of agriculture
and rural development of the country.

15. State any four long term financial requirements of a farmer.

16. Explain any two individual level resources of credit available to the agricultural
sector.

17. List out any six rights of the members of a Co-operative Society.

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18. What are the items of business transacted during the managing committee
meetings of a co-operative society. (Any six points)

19. Why does a Co-operative Society maintain a stock register ?

20. Explain the three objectives of auditing.

21. Summarise any six factors responsible for distress in a Co-operative Society
according to Dr. E. M. Hough.

22. “Reserve Bank of India has initiated a number of measures for the development
of Co-operatives in our country”. Justify this statement by elaborating any three
functions performed by RBI.

23. Identify any six defects that are found in the working of Co-operative Banks in
India.

24. “The Co-operative Societies Act 1912 was an important step in the history of
Indian Co-operative movement”. Justify the statement by highlighting any six
provisions of the Act.

25. Describe the role of a Chairman in conducting the meetings of a Co-operative
Society. (Any eight points)

26. Explain any four factors that determine the capital requirements of a Co-operative
Society.
OR
Elaborate any four sources of finance which can be used by a Co-operative
Society to fulfill its financial requirements.

27. Explain the following essentials of a valid meeting.
a) Notice c) Quorum
b) Agenda d) Resolution

28. “The Co-operative audit suffers from a number of limitations. Justify the statement
by listing any eight drawbacks of it.

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29. “The Registrar is the administrative head of Co-operative Societies in the State”.
Explain the statement with reference to his powers. (eight points)
OR
Co-operative department plays a crucial role in the development of Co-operatives
in the State”. With reference to this statement, explain any four developmental
functions performed by the department.

30. Highlight any eight functions performed by the Goa State Co-operative Housing
Finance and Federation Ltd.

31. Briefly analyse any eight functions of Khadi and Village Industries Commission.

32. List out any eight features of the Maharashtra Co-operative Societies Act, 1960.
OR

State any eight provisions of the Goa Co-operative Societies Act, 2001 and
Rules 2003 regarding maintenance of accounts and audit.

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