Co Operative Theory And Practice Set 1

Bachelor of Commerce (B Com),

Bachelor of Commerce in Co-operation (B.Com Co-operation)

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This set of Co-operative Theory and Practice Multiple Choice Questions & Answers (MCQs) focuses on Co Operative Theory And Practice Set 1

Q1 | . The International Co-operative Alliance appointed a sub-committee in ……….. for thefirst reformulation of Principles of Co-operative Sector.
  • 1934
  • 1964
  • 1954
  • 1944
Answer: 1934
Q2 | For the second reformulation of Principles of Co-operative Sector, The International Cooperative Alliance appointed a sub-committee in ……………
  • 1964
  • 1935
  • 1954
  • 1944
Answer: 1964
Q3 | The International Co-operative Alliance revised the co-operative principles for the thirdtime in its Manchester Congress in ………….
  • 1964
  • 1995
  • 1934
  • 1994
Answer: 1995
Q4 | . …………………has been compared to a “State within A State”
  • state
  • cooperation
  • capitalism
  • socialism
Answer: cooperation
Q5 | ……………..plays an equalizing role as a welfare factor in a capitalistic economy.
  • socialism
  • trade unionism
  • joint stock companies
  • cooperation
Answer: cooperation
Q6 | ………….. is a voluntary and democratic association of human beings, based on equalityof control, opportunity, distribution and mutuality for the promotion of their common interests as producers or consumers.
  • organization
  • company
  • co-operation
  • non-profit organization
Answer: co-operation
Q7 | …………… serves as an organizational instrument for the economically weakerproducers-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
Answer: co-operation
Q8 | . The word ………… literally means to work together or act together.
  • organization
  • company
  • co-operation
  • association
Answer: co-operation
Q9 | . The I.C.A appointed a Commission in ………………….. to ascertain how far theprinciples 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
Answer: october, 1964
Q10 | . . ……………..is based on the principle of self interest, maximization of profitsand exploitation.
  • co-operation
  • capitalism
  • socialism
  • trade unionism
Answer: capitalism
Q11 | . …………is based on the principle of self-help through mutual help, abolition ofprofits and service above self help.
  • co-operation
  • capitalism
  • socialism
  • trade unionism
Answer: co-operation
Q12 | . In ……………….form of business organization profit earning is thefundamental motive.
  • co-operation
  • capitalism
  • socialism
  • trade unionism
Answer: capitalism
Q13 | . In…………….. each works for all and all work for each.
  • co-operation
  • capitalism
  • socialism
  • trade unionism
Answer: co-operation
Q14 | . In …………. the state is supreme, while in …………… the individual freedomoccupies the front position.
  • co-operation, capitalism
  • capitalism, co-operation
  • socialism, capitalism
  • socialism, co-operation
Answer: socialism, capitalism
Q15 | . . …………….pre-supposes the dominance of the State, whereas the cooperative movement does not accept State interference.
  • co-operation
  • capitalism
  • socialism
  • trade unionism
Answer: socialism
Q16 | . The principles of ‘Voluntary Association’ and Democratic Management’ are theguidelines for ……………….
  • co-operation
  • capitalism
  • socialism
  • trade unionism
Answer: co-operation
Q17 | . International Cooperative Alliance was founded by the International CooperativeCongress held in London in ……………
  • 1895
  • 1875
  • 1865
  • 1995
Answer: 1895
Q18 | . The …………is the Chief Executive Officer of the ICA.
  • director general
  • president
  • vice president
  • board
Answer: director general
Q19 | . The …………… presides over the General assembly and Board of ICA.
  • director general
  • president
  • vice president
  • board
Answer: president
Q20 | . The ICA has ………………..member organizations around the world from…………..different countries as on 26th March 2013.
  • 271, 96
  • 226, 82
  • 290, 101
  • 215, 71
Answer: 271, 96
Q21 | . The main office of Regional Office for Asia and the Pacific of ICA isat……………
  • new delhi
  • singapore
  • jakarta
  • beijing
Answer: new delhi
Q22 | . Expand CCW
  • consumer cooperative worldwide
  • consumer cooperative wild life
  • cooperatives of consumers worldwide
  • world consumers cooperatives
Answer: consumer cooperative worldwide
Q23 | . Expand ICAO
  • international cooperative agricultural organisation
  • international cooperative aquaculture organisation
  • international cooperative artisan organisation
  • international cooperative arts organisation
Answer: international cooperative agricultural organisation
Q24 | . The Cooperative Credit Societies Act was passed in………
  • 1901
  • 1902
  • 1903
  • 1904
Answer: 1904
Q25 | . The Cooperative Societies Act was passed in …………….
  • 1911
  • 1912
  • 1913
  • 1914
Answer: 1912
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