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This set of Co-operative Theory, Principles and Practice Multiple Choice Questions & Answers (MCQs) focuses on Co Operative Theory Principles And Practice Set 1
Q1 | The International Co-operative Alliance appointed a sub-committee in……….. for the first reformulation of Principles of Co-operative Sector.
- 1934
- 1964
- 1954
- 1944
Q2 | For the second reformulation of Principles of Co-operative Sector, TheInternational Co-operative Alliance appointed a sub-committee in ……………
- 1964
- 1935
- 1954
- 1944
Q3 | The International Co-operative Alliance revised the co-operative principlesfor the third time in its Manchester Congress in ………….
- 1964
- 1995
- 1934
- 1994
Q4 | From the functional point of view the co-operative societies have beenclassified as
- unregistered and auxiliary
- unregistered and registered
- rural and urban
- primary and secondary
Q5 | From the legal point of view the co-operative societies have been classifiedas
- unregistered and auxiliary
- unregistered and registered
- rural and urban
- primary and secondary
Q6 | …………………has been compared to a “State within A State”
- state
- cooperation
- capitalism
- socialism
Q7 | ……………..plays an equalizing role as a welfare factor in a capitalisticeconomy.
- socialism
- trade unionism
- joint stock companies
- cooperation
Q8 | …………….. and ……………….. are the two pioneers of cooperativemovement in Germany.
- f. w. raiffeisen and franz schulze
- robert owen and dr. william king
- f.w raiffeisen and dr. william king
- robert owen and franz schulze
Q9 | In ……… societies, the area of operation was large and membership ran intothousands.
- raiffeisen
- schulze-delitzsch
- both of them
- none of these
Q10 | In ……………….societies, the area of operation was limited to one village orif that village happened to be small, then two or three villages were combined together.
- raiffeisen
- schulze-delitzsch
- both of them
- none of these
Q11 | In … ……..societies, the surplus funds were not distributed as dividendsbut kept as reserves.
- raiffeisen
- schulze-delitzsch
- both of them
- none of these
Q12 | Robert Owen was born in …………………….
- 14th may 1771
- 15th may 1771
- 14th may 1881
- 15th may 1881
Q13 | ……………........is the father of cooperation in England.
- robert owen
- dr. william king
- c.r. fay
- rochdale pioneers
Q14 | The Brighton Cooperative Benevolent Association and the CooperativeTrading Association was formed by…………………….
- robert owen
- dr. william king
- c.r. fay
- rochdale pioneers
Q15 | The “Rochdale Friendly Cooperative Society” was formed in …………..
- 1830
- 1930
- 1730
- 1630
Q16 | On 21/12/1844, the Rochdale Pioneers established a society with aworking capital of …………..
- 28 pounds
- 200 pounds
- 50 pounds
- 100 pounds
Q17 | ………….. 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.
- organization
- company
- co-operation
- non-profit organization
Q18 | …………… serves as an organizational instrument for the economicallyweaker producers-farmers, artisans or workers and consumers for strengthening themselves and protecting themselves against the exploitation by the stronger.
- organization
- company
- co-operation
- non-profit organization
Q19 | The word ………… literally means to work together or act together.
- organization
- company
- co-operation
- association
Q20 | The I.C.A appointed a Commission in ………………….. to ascertain howfar the principles of the Rochdale as defined by I.C.A in 1937 are observed today and the reasons for any non-observance.
- october, 1964
- october, 1984
- november, 1964
- november, 1984
Q21 | . ……………..is based on the principle of self interest, maximization ofprofits and exploitation.
- co-operation
- capitalism
- socialism
- trade unionism
Q22 | …………is based on the principle of self-help through mutual help,abolition of profits and service above self help.
- co-operation
- capitalism
- socialism
- trade unionism
Q23 | In ……………….form of business organization profit earning is thefundamental motive.
- co-operation
- capitalism
- socialism
- trade unionism
Q24 | In…………….. each works for all and all work for each.
- co-operation
- capitalism
- socialism
- trade unionism
Q25 | In …………. the state is supreme, while in …………… the individualfreedom occupies the front position.
- co-operation, capitalism
- capitalism, co-operation
- socialism, capitalism
- socialism, co-operation