CO-OPERATIVE THEORY AND PRACTICE MCQ

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
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
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
4. . …………………has been compared to a “State within A State”
a) State
b) Cooperation
c) Capitalism
d) Socialism
5. ……………..plays an equalizing role as a welfare factor in a capitalistic economy.
a) Socialism
b) Trade Unionism
c) Joint Stock Companies
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
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
8. . The word ………… literally means to work together or act together.
a) Organization
b) Company
c) Co-operation
d) Association
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
10. . . ……………..is based on the principle of self interest, maximization of profits and exploitation.
a) co-operation
b) capitalism
c) socialism
d) trade unionism