Co-operative Theory and Practice Solved MCQs

1.

. The International Co-operative Alliance appointed a sub-committee in ……….. for the first reformulation of Principles of Co-operative Sector.

A. 1934
B. 1964
C. 1954
D. 1944
Answer» A. 1934
2.

For the second reformulation of Principles of Co-operative Sector, The International Cooperative Alliance appointed a sub-committee in ……………

A. 1964
B. 1935
C. 1954
D. 1944
Answer» A. 1964
3.

The International Co-operative Alliance revised the co-operative principles for the third time in its Manchester Congress in ………….

A. 1964
B. 1995
C. 1934
D. 1994
Answer» B. 1995
4.

. …………………has been compared to a “State within A State”

A. state
B. cooperation
C. capitalism
D. socialism
Answer» B. cooperation
5.

……………..plays an equalizing role as a welfare factor in a capitalistic economy.

A. socialism
B. trade unionism
C. joint stock companies
D. cooperation
Answer» D. cooperation
6.

………….. is a voluntary and democratic association of human beings, based on equality of control, opportunity, distribution and mutuality for the promotion of their common interests as producers or consumers.

A. organization
B. company
C. co-operation
D. non-profit organization
Answer» C. co-operation
7.

…………… serves as an organizational instrument for the economically weaker producers-farmers, artisans or workers and consumers for strengthening themselves and protecting themselves against the exploitation by the stronger.

A. organization
B. company
C. co-operation
D. non-profit organization
Answer» C. co-operation
8.

. The word ………… literally means to work together or act together.

A. organization
B. company
C. co-operation
D. association
Answer» C. co-operation
9.

. The I.C.A appointed a Commission in ………………….. to ascertain how far the principles of the Rochdale as defined by I.C.A in 1937 are observed today and the reasons for any non-observance.

A. october, 1964
B. october, 1984
C. november, 1964
D. november, 1984
Answer» A. october, 1964
10.

. . ……………..is based on the principle of self interest, maximization of profits and exploitation.

A. co-operation
B. capitalism
C. socialism
D. trade unionism
Answer» B. capitalism
11.

. …………is based on the principle of self-help through mutual help, abolition of profits and service above self help.

A. co-operation
B. capitalism
C. socialism
D. trade unionism
Answer» A. co-operation
12.

. In ……………….form of business organization profit earning is the fundamental motive.

A. co-operation
B. capitalism
C. socialism
D. trade unionism
Answer» B. capitalism
13.

. In…………….. each works for all and all work for each.

A. co-operation
B. capitalism
C. socialism
D. trade unionism
Answer» A. co-operation
14.

. In …………. the state is supreme, while in …………… the individual freedom occupies the front position.

A. co-operation, capitalism
B. capitalism, co-operation
C. socialism, capitalism
D. socialism, co-operation
Answer» C. socialism, capitalism
15.

. . …………….pre-supposes the dominance of the State, whereas the cooperative movement does not accept State interference.

A. co-operation
B. capitalism
C. socialism
D. trade unionism
Answer» C. socialism
16.

. The principles of ‘Voluntary Association’ and Democratic Management’ are the guidelines for ……………….

A. co-operation
B. capitalism
C. socialism
D. trade unionism
Answer» A. co-operation
17.

. International Cooperative Alliance was founded by the International Cooperative Congress held in London in ……………

A. 1895
B. 1875
C. 1865
D. 1995
Answer» A. 1895
18.

. The …………is the Chief Executive Officer of the ICA.

A. director general
B. president
C. vice president
D. board
Answer» A. director general
19.

. The …………… presides over the General assembly and Board of ICA.

A. director general
B. president
C. vice president
D. board
Answer» B. president
20.

. The ICA has ………………..member organizations around the world from …………..different countries as on 26th March 2013.

A. 271, 96
B. 226, 82
C. 290, 101
D. 215, 71
Answer» A. 271, 96
21.

. The main office of Regional Office for Asia and the Pacific of ICA is at……………

A. new delhi
B. singapore
C. jakarta
D. beijing
Answer» A. new delhi
22.

. Expand CCW

A. consumer cooperative worldwide
B. consumer cooperative wild life
C. cooperatives of consumers worldwide
D. world consumers cooperatives
Answer» A. consumer cooperative worldwide
23.

. Expand ICAO

A. international cooperative agricultural organisation
B. international cooperative aquaculture organisation
C. international cooperative artisan organisation
D. international cooperative arts organisation
Answer» A. international cooperative agricultural organisation
24.

. The Cooperative Credit Societies Act was passed in………

A. 1901
B. 1902
C. 1903
D. 1904
Answer» D. 1904
25.

. The Cooperative Societies Act was passed in …………….

A. 1911
B. 1912
C. 1913
D. 1914
Answer» B. 1912
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