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If you're aspiring to become a Junior Co-operative Inspector (JCI) in Kerala, the Kerala Public Service Commission (PSC) has recently announced critical details for the upcoming exam. This announcement includes the confirmation process, syllabus, exam date, and admission ticket availability. Here’s all you need to know to stay ahead in your preparation.
A Junior Co-operative Inspector typically works under the state government's co-operative department. Their primary role is to oversee and ensure the proper functioning of co-operative societies within their jurisdiction.
The Kerala Public Service Commission (PSC) is set to announce the notification for the position of Junior Co-operative Inspector on December 30, 2023. This announcement is eagerly anticipated by aspiring candidates seeking opportunities in the cooperative sector. Interested individuals should prepare to review the details and apply following the release of the official notification.
The Kerala PSC has set the last date for confirmation for the Junior Co-operative Inspector (JCI) exam as 12th July 2024. Candidates must confirm their participation through the official PSC website. Failure to confirm by this date will result in disqualification from the examination process.
The Kerala PSC has also released the detailed syllabus for the Junior Co-operative Inspector (JCI) exam. The syllabus is crucial for candidates to understand the subjects and topics they need to prepare. It covers various aspects related to cooperative societies, accounting, and general knowledge. Preparing according to the syllabus will help candidates perform better in the examination.
| Last Date for Confirmation: | 12th July 2024 |
| JCI Exam Date: | 5th September 2024 |
| Admission Ticket Download: | From 22nd August 2024 |
Candidates can download their admission tickets from the official Kerala PSC website starting from 22nd August 2024. The admission ticket is a mandatory document to enter the examination hall, so ensure you download and print it well in advance.
Confirm Your Participation: Ensure you confirm your participation on or before 12th July 2024 to be eligible for the exam.
Review the JCI Syllabus: Download and thoroughly review the detailed syllabus provided by the Kerala PSC. Focus on the key areas highlighted in the syllabus to streamline your preparation.
Download Admission Ticket: Mark the date, 22nd August 2024, to download your admission ticket. Print multiple copies to avoid any last-minute issues.
Cooperation and other economic systems: Capitalism, socialism and communism cooperatives and other forms of business organizations - distinctive features of cooperative organization vis-à-vis-, partnership and joint stack companies - a cooperative as an institution and as an enterprise - cooperative common wealth. (5 marks)
Evolution and development of cooperative principles: Principles of cooperation Rochdale pioneers are:-
Types of Cooperatives in India and in Kerala:
Management and working of major cooperative organizations and institutions in aid of cooperatives: NAFED,IFFCO,KRIBCO,NABARD,NDDB,NCDC, and National Housing Bank and other national organizations providing assistance to housing cooperatives. (5 marks)
Cooperative audit- Definition-objectives-scope-advantage-difference between audit of cooperative societies and joint stock companies- special features of cooperative audit administrative set up for cooperative audit-types of audit-mechanical audit-preparations for audit and framing of audit programme-staged of practical audit- mechanical audit, administrative audit, preparation of final statement- reconciliation of bank accounts cooperative auditor- duties, powers and liabilities- audit report- audit certificate- audit classification- assessment and levy of audit fees. (6 marks)
Issues in cooperative management:Managing the social process in a cooperative, competition, conflict and cooperation. Associative character of a cooperative and managing a cooperative association. Issues in organizing a cooperative - size of the organization- small area vs large area, single purpose vs multipurpose cooperatives multipurpose vs multifunctional cooperatives- unitary vs federal cooperatives- designer vs greenhouse cooperatives- issues in financing a cooperative- evaluating a cooperative organization- member dimension, enterprise dimension and ethical dimension. (6 marks)
Settlement of disputes: Arbitration and awards - provisions and procedures - execution and enforcement of awards- provisions and procedures, appeals, review and revision meaning and distinction- authority of appeals- cooperative tribunal- constitution and powers- offences and penalties- provisions and procedures. (5 marks)
Sources of funds: State aid to cooperatives-share capital contribution- principal state partnership fund- subsidiary state partnership fund- grants- subsidies- owned funds borrowed funds. (5 marks)
Cooperative Legislation in India and in Kerala: Evolution of cooperative legislation in India- the 1904 Act, the Act of 1912, transfer of cooperation as provincial subject, National development Council Resolution 1956, the Model Cooperative Societies Bill 1957, the Model Cooperative Societies Bill 1991 by Planning Commission- Trend towards parallel Cooperative Laws- Andhra Pradesh Mutually Aided Cooperative Societies Act 1995, Multi State Cooperative Societies Act 1984 and its replacement in 2002.Evolutions of Cooperative legislation in Kerala and enactment of Kerala Cooperative Societies Act 1969. (6 marks)
Commercial Banking: Origin of the word ‘Bank’ - Commercial banking system: Unit banking, branch banking, correspondent banking, group banking/ holding company banking, chain banking, mixed banking. Functions of a commercial bank: Primary functions - Accepting of deposits – different types of deposits – savings deposits, current deposits, fixed deposits, recurring deposits, Basic Savings Bank Deposit Account (BSBDA), Current Account Savings Account (CASA), certificate of deposits; Lending of funds – different methods – direct loans, cash credit, overdraft, discounting of bills; Ancillary Services / Subsidiary Functions: Agency services, general utility services. Principles of commercial banking/ Principles of lending. Credit creation by commercial banks: primary deposits and derived deposits, technique of credit creation, credit contraction, limitations of credit creation. (4 marks)
Central Banking - Definition of a central bank, origin of Reserve Bank of India, nationalisation of RBI, functions of RBI – issue of currency, principles and systems of note – issue, RBI as currency authority; RBI as banker, agent, advisor and debt manager to Government, RBI’s financial assistance to Central and State Governments – ways and means advances, overdraft; central bank as bankers’ bank -regulation and supervision of banks by RBI; Reserve Bank as custodian of foreign exchange reserves of the country; developmental role of RBI; Instruments of Monetary Policy : Quantitative techniques of credit control – Bank Rate Policy, operation and limitations of Bank Rate Policy, credit control – Bank Rate Policy, operation and limitations of Bank Rate Policy, Open Market Operations (OMO) – objectives, method of operation by RBI, limitations of OMO, Variable Reserve Requirement – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR); Qualitative methods of credit control- regulation of consumer credit, variation of margin requirements, moral suasion, rationing of credit. (4 marks)
Indian Commercial Banking - Pre- Liberalisation period: Formation of Imperial Bank of India, Origin of State Bank of India and its associates, merging of associate banks with SBI. Social Control over banks – circumstances leading to social control, aims and objectives of National Credit Council. Nationalisation of commercial banks. Lead Bank Scheme: Objectives, functions of Lead Bank, District Credit Plan. Concept of Service Area Approach. Differential Rate of Interest Scheme – features of the scheme. Regional Rural Banks – objectives, capital structure and management, problems and progress of RRBs, merging of RRBs. (4 marks)
Indian Commercial Banking - Post Liberalisation: Post liberalisation banking in India – major recommendations of the Narasimham Committee on Financial System, Narasimham Committee on Banking Sector Reforms. Entry of new generation banks. Mergers and acquisitions in banking sector. Local Area Banks: Features. Differentiated banks: Payment Banks and Small Finance Banks – permitted business. Financial Inclusion: Concept, RBI and NABARD initiatives for financial inclusion. (4 marks)
Banking Legislation in India - Banking Regulation Act, 1949 with latest amendments– objectives, definition of banking, banking company, approved securities, Demand and Time Liabilities (DTL), permitted and prohibited business of a banking company, regulation of voting rights of shareholders, restriction as to payment of dividend, reserve fund, licensing of banking companies, power of inspection, audit of bank accounts, acquisition of banking companies, amalgamation of banking companies, winding up of a banking company. (4 marks)
Practices of Banking - Banker and Customer – general and special relationship between a banker and customer, obligations of banker – honouring of cheques, maintaining secrecy of customers’ accounts, garnishee order, consequences of wrongful dishonor of cheques, stop payment of cheques; rights of a banker- right of general lien, right of set off, banker’s right of appropriation (Clayton’s rule). Banking Ombudsman objectives, nature of complaints dealt by Ombudsman. Types of customers – operation and closing of different types of bank accounts, special types of bank customers, Accounts of Non Resident Indians; Joint accounts, accounts of partnership firms, joint stock companies, clubs and associations. (4 marks)
Law relating to Negotiable Instruments - Characteristics of negotiability, types and features of negotiable instruments – bill of exchange, promissory notes and cheques. Bank drafts, pay orders. Endorsement of negotiable instruments – legal significance, kinds of endorsements. Crossing of cheques – significance of crossing, types of crossing, marking of cheques. Collecting banker – legal status, statutory protection, duties. Paying Banker – dishonour of cheques, statutory protection, payment in due course, holder and holder in due course. Modes of charging securities – lien, pledge, hypothecation, mortgage – kinds of mortgage; Guarantee and indemnity – rights and duties of guarantor. (4 marks)
Agriculture and Micro Finance by banks - Types of agricultural credit – short term, medium term, long term, crop loans; Kisan Credit Card (KCC) Scheme – Objectives/ purpose, eligibility, features. Lending to priority sectors – categories, targets and sub targets. National Bank for Agriculture and Rural Development (NABARD) – financial, developmental and supervisory role. Micro finance – concept and significance, Linking of Self Help Groups (SHG) and banks. (4 marks)
Technological Advances in Banking - Payment and Settlement System of RBI Concepts of electronic banking, Electronic Clearing Services (ECS), Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IMPS), Indian Financial System Code (IFSC), Automated Teller Machine (ATM) card, debit card, credit card, RuPay card, internet banking, mobile banking, digital banking, digital signature, digital certificate, digital wallet, Cash Deposit Machine (CDM), Cheque Truncation System (CTS), cashless payment system, cashless economy; International Payment System - Society for Worldwide Interbank Financial Telecommunication (SWIFT). (4 marks)
Recent Trends in Indian Banking - Credit Rating of banks: CAMELS Rating. Capital Adequacy Ratio – Tier I & Tier II capital, Risk Weighted Assets, Capital to Risk Weighted Assets Ratio (CRAR). Non-Performing Assets (NPA) of banks – Classification of Standard, Substandard, doubtful and loss assets, provisioning for NPAs. Concepts of Securitisation, Reconstruction and Security Interest Enforcement under SARFAESI Act, 2002. Pradhan Mantri Social Security Schemes implemented through banks - Rules for Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)’ Atal Pension Yojana (APY).
Hardware
Software
Computer Networks
Internet
Cyber Crimes and Cyber Laws
Applications are invited online only through One Time Registration from qualified candidates for appointment in the undermentioned post in Kerala Government Service.
| Department: | Co-Operation |
| Name Of Post: | Junior Inspector of Co-Operative Societies |
| Scale Of Pay: | ₹ 39, 300 - 83, 000/- |
Inspection and Auditing: Regular inspection of co-operative societies to ensure compliance with the relevant laws and regulations. This includes auditing financial statements and reviewing administrative practices.
Reporting: Preparing detailed reports on the inspections and audits conducted. These reports are critical for assessing the health and integrity of co-operative societies.
Advisory Role: Providing guidance and advice to co-operative societies on various operational aspects, including financial management, governance, and legal compliance.
Dispute Resolution: Acting as a mediator in disputes within a co-operative society or between societies and their members or other stakeholders.
Training and Development: Organizing training programs for members and employees of cooperative societies to enhance their skills and knowledge about co-operative principles and practices.
Implementation of Policies: Ensuring that the policies and guidelines set forth by the co-operative department are effectively implemented at the society level.
Monitoring and Evaluation: Continuously monitoring the performance of co-operative societies and evaluating their contribution to the socio-economic development of the members and community.
Liaison Work: Acting as a liaison between the co-operative societies and the state government, facilitating communication and the implementation of government initiatives.
Analytical Skills: Ability to analyse financial statements and operational practices.
Communication Skills: Effective communication with various stakeholders, including society members, government officials, and the public.
Problem-Solving Skills: Addressing and resolving issues that arise in the functioning of co-operative societies.
Regulatory Knowledge: A thorough understanding of the laws and regulations governing cooperative societies.
Organizational Skills: Efficiently managing multiple tasks and responsibilities.
Typically, candidates for this position are required to have a degree in commerce ( Co-Operation ), or a related field (HDC or JDC Along With degree).
Junior Co-operative Inspectors have the opportunity to advance to higher positions within the state's co-operative department, potentially leading to roles such as Senior Inspector, Deputy Registrar, or even Registrar of Co-operative Societies, depending on their experience, performance, and educational qualifications.
B.Com Degree of Recognized University with Co-Operation as special subject.
OR
(i) BA or BSc. Or B.Com Degree of a recognized University AND (ii) Higher Diploma in CoOperation OR Successful completion of the subordinate Personnel Training Course conducted by the Co-Operative Department. OR Junior Diploma in Co-Operation awarded by the State Co- Operative Union, Kerala
OR
BSc. (Co-Operation and Banking) Degree of the Kerala Agricultural University.
OR
Diploma in Rural Services with Co-Operation as special subject awarded by the National Council for Rural Higher Education.
OR
Co-Operation Degree (Bachelor of Co-Operation) awarded by the Gandhigram Rural Institute (Deemed University). In the case of Supervisors/Inspectors/Ministerial Staff employed in Apex/regional/Central Co-Operative Institutions as well as employees of the Primary Co-Operative Institutions.
The role of a Junior Co-operative Inspector is integral to the co-operative movement, ensuring transparency, efficiency, and compliance in the functioning of co-operative societies. This position offers a challenging yet rewarding career path for individuals interested in the cooperative sector and governance.
| Sl No | Name | Description | Download |
|---|---|---|---|
| 1 | notification | You can download JUNIOR CO-OPERATIVE INSPECTOR details from here | |
| 2 | syllabus | You can download JUNIOR CO-OPERATIVE INSPECTOR syllabus from here |