McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
| 1. |
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. |
| A. | cooperative |
| B. | private |
| C. | public |
| D. | all of these |
| Answer» A. cooperative | |
| 2. |
…………………… movement can be an important instrument in furthering the socialist progress. |
| A. | cooperative |
| B. | privatization |
| C. | both a & b |
| D. | none of the above |
| Answer» A. cooperative | |
| 3. |
……………… 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. | cooperation |
| B. | joint stock companies |
| C. | cartels |
| D. | trusts |
| Answer» A. cooperation | |
| 4. |
…………… is nothing but “self-help made effective by organisation.” |
| A. | cooperation |
| B. | joint stock companies |
| C. | cartels |
| D. | trusts |
| Answer» A. cooperation | |
| 5. |
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”. |
| A. | cooperative organisation |
| B. | private organisation |
| C. | public organisation |
| D. | all of these |
| Answer» A. cooperative organisation | |
| 6. |
………..is considered to be the birth place of the Co-operative movement in the world. |
| A. | ussr |
| B. | britian |
| C. | israle |
| D. | france |
| Answer» B. britian | |
| 7. |
Cooperation is a product of …………… |
| A. | first world war |
| B. | second world war |
| C. | industrial revolution |
| D. | none of these |
| Answer» C. industrial revolution | |
| 8. |
Flannel Weavers organized co-operative movement in…………. |
| A. | germany |
| B. | england |
| C. | france |
| D. | ussr |
| Answer» B. england | |
| 9. |
Consumer Cooperative Movement started in.…………………….. |
| A. | germany |
| B. | england |
| C. | france |
| D. | ussr |
| Answer» B. england | |
| 10. |
Friedrich Wilhelm Raiffeisen was born in …………. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» A. 1818 | |
| 11. |
Schulze Delitzsch was born in.…………….. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» B. 1808 | |
| 12. |
Robert Owen was born in……. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» C. 1771 | |
| 13. |
Dr. William King was born in…………. |
| A. | 1818 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» D. 1757 | |
| 14. |
France Charles Fourier was born in…………. |
| A. | 1722 |
| B. | 1808 |
| C. | 1771 |
| D. | 1757 |
| Answer» A. 1722 | |
| 15. |
…………………published a Treatise on Domestic Agricultural Association in 1822. |
| A. | france charles fourier |
| B. | schulze-delitzch |
| C. | friedrich wilhelm raiffeisen |
| D. | none of the above |
| Answer» A. france charles fourier | |
| 16. |
In Germany, …………………….was the promoter of urban co-operatives and co-operatives in handicrafts. |
| A. | france charles fourier |
| B. | schulze-delitzch |
| C. | friedrich wilhelm raiffeisen |
| D. | none of the above |
| Answer» B. schulze-delitzch | |
| 17. |
……………….was the promoter of rural credit co-operatives in Germany. |
| A. | france charles fourier |
| B. | schulze-delitzch |
| C. | friedrich wilhelm raiffeisen |
| D. | none of the above |
| Answer» C. friedrich wilhelm raiffeisen | |
| 18. |
F.W.Raiffeisen was the promoter of…………………………. in Germany. |
| A. | dairy co-operatives |
| B. | co-operatives in handicrafts |
| C. | urban co-operatives |
| D. | rural credit co-operatives |
| Answer» D. rural credit co-operatives | |
| 19. |
………………….is the homeland of cooperative store movement. |
| A. | great britian |
| B. | denmark |
| C. | germany |
| D. | ussr |
| Answer» A. great britian | |
| 20. |
Great Britian is the homeland of ……………… |
| A. | rural credit co-operatives |
| B. | cooperative store movement |
| C. | urban co-operatives |
| D. | diary cooperatives |
| Answer» B. cooperative store movement | |
| 21. |
……………..started a paper, ‘The Co-operator’ in 1828. |
| A. | dr. william king |
| B. | france charles fourier |
| C. | schulze-delitzch |
| D. | f.w.raiffeisen |
| Answer» A. dr. william king | |
| 22. |
On 21.12.1844, the Rochdale Pioneers established a society with a working capital of…… |
| A. | £288 |
| B. | £28 |
| C. | £208 |
| D. | £82 |
| Answer» B. £28 | |
| 23. |
On ………………, the Rochdale Pioneers established a society with a working capital of £28 |
| A. | 21.12.1844 |
| B. | 12.12.1844 |
| C. | 22.12.1844 |
| D. | 18.12.1844 |
| Answer» A. 21.12.1844 | |
| 24. |
………………….is the birthplace of co-operative credit movement in the World . |
| A. | great britian |
| B. | denmark |
| C. | germany |
| D. | ussr |
| Answer» C. germany | |
| 25. |
WCCU refers to ……………….. |
| A. | world credit council of usa |
| B. | world council for chinese unions |
| C. | world council of credit unions |
| D. | workers credit council union |
| Answer» C. world council of credit unions | |
| 26. |
ICA refers to……………. |
| A. | international co-operative alliance |
| B. | indian co-operative association |
| C. | indonesian co-operative association |
| D. | international control of alliances |
| Answer» A. international co-operative alliance | |
| 27. |
In Denmark, …………of the dairy products including butter, cheese, cream and milk powder is exported and the remaining ………….is sold in the home market. |
| A. | 50% , 50% |
| B. | 70%, 30% |
| C. | 30%, 70% |
| D. | 80%, 20% |
| Answer» B. 70%, 30% | |
| 28. |
Dairy Society Denmark was established in…….... |
| A. | 1884 |
| B. | 1774 |
| C. | 1864 |
| D. | 1964 |
| Answer» D. 1964 | |
| 29. |
The Co-operative Egg Export Association was established in Denmark. |
| A. | 1895 |
| B. | 1884 |
| C. | 1808 |
| D. | 1888 |
| Answer» A. 1895 | |
| 30. |
The Danish Co-operative College was established by the Danish Co-operative Wholesale Society at Middelfort in…………. |
| A. | 1912 |
| B. | 1932 |
| C. | 1892 |
| D. | 1832 |
| Answer» B. 1932 | |
| 31. |
The Chinese Industrial Cooperative Association (CICA or Indusco) founded in ………….. |
| A. | 1938 |
| B. | 1932 |
| C. | 1912 |
| D. | 1915 |
| Answer» A. 1938 | |
| 32. |
CICA or Indusco stands for…………….. |
| A. | chinese industries service cooperative alliance |
| B. | chinese industrial cooperative association |
| C. | china and india cooperative alliance |
| D. | core industries commerce association |
| Answer» B. chinese industrial cooperative association | |
| 33. |
CICA’s international arm the International Committee for the Promotion of Chinese Industrial Cooperatives (ICCIC) is also known by the nickname …………….. |
| A. | gung ho international committee |
| B. | gang ho international committee |
| C. | bang home industrial committee |
| D. | gung home industrial committee |
| Answer» A. gung ho international committee | |
| 34. |
ICCIC, also known by the nickname Gung Ho International Committee was founded in 1939 in Hong Kong to promote cooperatives in ……….. |
| A. | great britian |
| B. | denmark |
| C. | germany |
| D. | china |
| Answer» D. china | |
| 35. |
The meaning of Gung Ho is………. |
| A. | working together |
| B. | friends |
| C. | friendship |
| D. | working friendship |
| Answer» A. working together | |
| 36. |
In the Soviet Union co-operative run collective farms are called …………. |
| A. | kolkhozy |
| B. | sovkhozy |
| C. | kibbutz |
| D. | farm houses |
| Answer» A. kolkhozy | |
| 37. |
In the Soviet Union the state run farms are called………… |
| A. | kolkhozy |
| B. | sovkhozy |
| C. | kibbutz |
| D. | farm houses |
| Answer» B. sovkhozy | |
| 38. |
In Israel collective farms are called …………. |
| A. | kolkhozy |
| B. | sovkhozy |
| C. | kibbutz |
| D. | farm houses |
| Answer» C. kibbutz | |
| 39. |
The ………………… is a national federation of consumer cooperatives that represents and serves consumer cooperative societies all throughout Japan. |
| A. | nada consumer cooperative |
| B. | kobe consumer cooperative |
| C. | japanese consumers’ cooperative union |
| D. | ica |
| Answer» C. japanese consumers’ cooperative union | |
| 40. |
Cooperative societies in Japan were initiated during the era of ……….democracy. |
| A. | edo |
| B. | meiji |
| C. | showa |
| D. | taisho |
| Answer» D. taisho | |
| 41. |
In 1951, …………….. founded the Japanese Consumers’ Cooperative Union, or JCCU, which was established to represent and serve all the consumers’ cooperative societies of Japan. |
| A. | toyohiko kagawa |
| B. | akira kurosawa |
| C. | yoko ono |
| D. | miyamoto musashi |
| Answer» A. toyohiko kagawa | |
| 42. |
ACCOSCA is the abbreviation of …………… |
| A. | annual conference of co-operatives savings and credit associations |
| B. | american confederation of co-operatives savings and credit associations |
| C. | african confederation of co-operatives savings and credit associations |
| D. | african co-operative confederation of savings and credit associations |
| Answer» C. african confederation of co-operatives savings and credit associations | |
| 43. |
ACCOSCA has a membership of …………countries in Africa. |
| A. | 36 |
| B. | 38 |
| C. | 28 |
| D. | 25 |
| Answer» C. 28 | |
| 44. |
Kilimanjaro Native Co-operative Union was established in ………….. |
| A. | tanzania |
| B. | kenya |
| C. | sudan |
| D. | egypt |
| Answer» A. tanzania | |
| 45. |
KNCU is abréviation for…………….. |
| A. | kenyan native co-operative union |
| B. | kilimanjaro native co-operative union |
| C. | korean native co-operative union |
| D. | katmandu native co-operative union |
| Answer» B. kilimanjaro native co-operative union | |
| 46. |
,,,,,,,,,,,,,,,,,has been called the 'father of English Socialism'. |
| A. | robert owen |
| B. | dr. william king |
| C. | france charles fourier |
| D. | board of directors meeting |
| Answer» A. robert owen | |
| 47. |
………………was a pioneer leader of Indian Cooperative Movement. |
| A. | d.r. gadgil |
| B. | vaikunthbhai mehta |
| C. | sardar patel |
| D. | dr. kurien |
| Answer» B. vaikunthbhai mehta | |
| 48. |
Vaikunthbhai Mehta was born on……………. was a pioneer leader of Indian Cooperative Movement. |
| A. | 26 october 1891 |
| B. | 21 october 1901 |
| C. | 26 october 1981 |
| D. | 21 october 1891 |
| Answer» A. 26 october 1891 | |
| 49. |
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. |
| A. | 10th march 1901 |
| B. | 10th march 1902 |
| C. | 10th april 1901 |
| D. | 10th april 1902 |
| Answer» C. 10th april 1901 | |
| 50. |
Denmark is famous for ………………Co-operatives. |
| A. | credit |
| B. | store |
| C. | dairy |
| D. | consumer |
| Answer» C. dairy | |
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