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Q. NCUI stands for………………

Q. …………………is used to determine a policy and the procedures for putting it into effect.

Q. Every Co-operative society shall submit to the …………………..annually within April each year a copy of each of the statements specified in the act.

Q. …………….. are those papers which contain essential facts about the accounts so that the auditors may not have again to go over the accounts.

Q. In the ………………an auditor is appointed.

Q. In the ……………..the board evaluates the cooperative society’s financial position to determine whether or not the budgeted objectives are being met and what actions should be taken to improve the situation.

Q. ………………… is a written record of queries made, replies furnished there against, correspondence entered into, observations made at the time of checking etc.

Q. The odd one out in the following is…………………….

Q. Cost of goods purchased, Net sale proceeds, Value of closing stock are shown in……………….

Q. In ………………………. Central Banks, the arrears under principal may exceed 20% but should not exceed 40% of the demand. There may be interest overdues but it should not exceed 10% of the demand.