Top 150+ Solved Co-operative Theory, Principles and Practice MCQ Questions Answer
Q. On 21/12/1844, the Rochdale Pioneers established a society with aworking capital of …………..
a. 28 pounds
b. 200 pounds
c. 50 pounds
d. 100 pounds
Q. ………….. 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
Q. …………… 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.
a. organization
b. company
c. co-operation
d. non-profit organization
Q. The word ………… literally means to work together or act together.
a. organization
b. company
c. co-operation
d. association
Q. 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.
a. october, 1964
b. october, 1984
c. november, 1964
d. november, 1984
Q. . ……………..is based on the principle of self interest, maximization ofprofits and exploitation.
a. co-operation
b. capitalism
c. socialism
d. trade unionism
Q. …………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
Q. In ……………….form of business organization profit earning is thefundamental motive.
a. co-operation
b. capitalism
c. socialism
d. trade unionism
Q. In…………….. each works for all and all work for each.
a. co-operation
b. capitalism
c. socialism
d. trade unionism
Q. In …………. the state is supreme, while in …………… the individualfreedom occupies the front position.
a. co-operation, capitalism
b. capitalism, co-operation
c. socialism, capitalism
d. socialism, co-operation
Q. . …………….pre-supposes the dominance of the State, whereas the co- operative movement does not accept State interference.
a. co-operation
b. capitalism
c. socialism
d. trade unionism
Q. The principles of ‘Voluntary Association’ and Democratic Management’are the guidelines for ……………….
a. co-operation
b. capitalism
c. socialism
d. trade unionism
Q. International Cooperative Alliance was founded by the InternationalCooperative Congress held in London in ……………
a. 1895
b. 1875
c. 1865
d. 1995
Q. The …………is the Chief Executive Officer of the ICA.
a. director general
b. president
c. vice president
d. board
Q. The …………… presides over the General assembly and Board of ICA.
a. director general
b. president
c. vice president
d. board