Co-operative Theory And Principles MCQ
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Co-operative Theory And Principles MCQ
Cooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility and caring for others.
11. In … ……..societies, the surplus funds were not distributed as dividends
but kept as reserves.
12. Robert Owen was born in …………………….
13. …………………..is the father of cooperation in England.
14. The Brighton Cooperative Benevolent Association and the Cooperative
Trading Association was formed by…………………….
15. The “Rochdale Friendly Cooperative Society” was formed in …………..
16. On 21/12/1844, the Rochdale Pioneers established a society with a
working capital of …………..
17. ………….. 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.
18. …………… 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.
19. The word ………… literally means to work together or act together.
20. 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.
