A ……………………. institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.

Related MCQs

• ……………… is, “a form of organisation wherein persons voluntarily associate together as human beings on a basis of equality for the promotion of economic interest of themselves”.
• A…………………… has been defined as an “economic and social organisation of the working people, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”.
• Flannel Weavers organized co-operative movement in………….
• Schultz organized his first bank in ………….city
• …………………published a Treatise on Domestic Agricultural Association in 1822.
• The Co-operative Egg Export Association was established in Denmark.
• The Chinese Industrial Cooperative Association (CICA or Indusco) founded in …………..
• In the Soviet Union co-operative run collective farms are called ………….
• In the Soviet Union the state run farms are called…………
• Dhananjayrao Ramchandra Gadgil a researcher and economist who contribuer towards forming India’s economic plans and who promoted co-operation for rural development was born on…………..at Nasik in Maharashtra.