MCQs on Cooperative Society
Cooperative societies are formed with the aim of helping their members. This type of business organisation is formed mainly by weaker sections of the society in order to prevent any type of exploitation from the economically stronger sections of the society.
Following are some of the Cooperative society multiple choice questions and answers that will help the students in brushing up their understanding of the concept.
- . …………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
Answer: – a) co-operation
- . In ……………….form of business organization profit earning is the
fundamental motive.
a) co-operation
b) capitalism
c) socialism
d) trade unionism
Answer: – b) capitalism
- . In…………….. each works for all and all work for each.
a) co-operation
b) capitalism
c) socialism
d) trade unionism
Answer: – a) co-operation
- . In …………. the state is supreme, while in …………… the individual freedom
occupies the front position.
a) co-operation, capitalism
b) capitalism, co-operation
c) socialism, capitalism
d) socialism, co-operation
Answer: – c) socialism, capitalism
- . . …………….pre-supposes the dominance of the State, whereas the cooperative movement does not accept State interference.
a) co-operation
b) capitalism
c) socialism
d) trade unionism
Answer: – c) socialism
- . The principles of ‘Voluntary Association’ and Democratic Management’ are the
guidelines for ……………….
a) co-operation
b) capitalism
c) socialism
d) trade unionism
Answer: – a) co-operation
- . International Cooperative Alliance was founded by the International Cooperative
Congress held in London in ……………
a) 1895
b) 1875
c) 1865
d) 1995
Answer: – a) 1895
- . The …………is the Chief Executive Officer of the ICA.
a) Director General
b) President
c) Vice President
d) Board
Answer: – a) Director General
- . The …………… presides over the General assembly and Board of ICA.
a) Director General
b) President
c) Vice President
d) Board
Answer: – b) President
- . The ICA has ………………..member organizations around the world from
…………..different countries as on 26th March 2013.
a) 271, 96
b) 226, 82
c) 290, 101
d) 215, 71
Answer: – a) 271, 96