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.
- The National Agricultural Cooperative Marketing Federation (NAFED),
established in ……
a) 1965
b) 1955
c) 1970
d) 1958
Answer: – d) 1958
- National Co- operative Development Corporation (NCDC) was setup in
…………..
a) 1963
b) 1962
c) 1960
d) 1961
Answer: – a) 1963
- . National Co- operative Development Corporation (NCDC) was setup in 1963 by
the Central Government by passing ………………..
a) NCDC Act in 1961
b) NCDC Act in 1962
c) NCDC Act in 1963
d) NCDC Act in 1964
Answer: – b) NCDC Act in 1962
- . The …………………………… was setup in 1963 by the Central Government
by passing NCDC Act in 1962
a) National Federation of State Cooperative Banks Ltd
b) National Bank for Agricultural and Rural Development
c) National Federation of Urban Cooperative Banks and Credit Societies Ltd
d) National Co- operative Development Corporation
Answer: – d) National Co- operative Development Corporation
- . The creation of ……………………………. in 1965 was a major step towards
the organisation of dairying on cooperative lines.
a) National Dairy Development Board (NDDB)
b) National Bank for Agricultural and Rural Development
c) National Federation of Urban Cooperative Banks and Credit Societies Ltd
d) National Co- operative Development Corporation
Answer: – a) National Dairy Development Board (NDDB)
- . The creation of National Dairy Development Board (NDDB)in ………..was a
major step towards the organisation of dairying on cooperative lines.
a) 1962
b) 1963
c) 1965
d) 1966
Answer: – c) 1965
- . In 1969-70 NDDB introduced a scheme for the development of dairy cooperatives known as .. …
a) White revolution
b) Operation flood
c) Blue revolution
d) Silver river
Answer: – b) Operation flood
- . The first marketing cooperative was organized at ……….. in the former Bombay
Province in 1915
a) Hubli
b) Pune
c) Kolaba
d) Lonavla
Answer: – a) Hubli
- . The first marketing cooperative was organized at Hubli in the former Bombay
Province in ……………….
a) 1915.
b) 1920
c) 1900
d) 1925
Answer: – a) 1915.
- . When Agro processing companies enter into contract with the farmers to provide
the farmers with the inputs like fertilizers, seeds, pesticides and guidelines to grow crops
and buy back the products with a rate specified in advance, it is known as………..
a) Cooperative farming
b) Collective farming
c) Contract farming
d) All of the above
Answer: – c) Contract farming
