Co-operative Management and Administration MCQs and Notes

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📊 Co-operative Management and Administration
Q. A…………………… has been defined as an “economic and social organisation of the working people, serving not only interest of the members, but also social progress,” which promotes safeguards and realizes the interests and aspirations of the working people”.
  • (A) cooperative organisation
  • (B) private organisation
  • (C) public organisation
  • (D) all of these
💬 Discuss
✅ Correct Answer: (A) cooperative organisation
📊 Co-operative Management and Administration
Q. ……………… is, “a form of organisation wherein persons voluntarily associate together as human beings on a basis of equality for the promotion of economic interest of themselves”.
  • (A) cooperation
  • (B) joint stock companies
  • (C) cartels
  • (D) trusts
💬 Discuss
✅ Correct Answer: (A) cooperation
📊 Co-operative Management and Administration
Q. …………………… movement can be an important instrument in furthering the socialist progress.
  • (A) cooperative
  • (B) privatization
  • (C) both a & b
  • (D) none of the above
💬 Discuss
✅ Correct Answer: (A) cooperative
📊 Co-operative Management and Administration
Q. A ……………………. institution is a voluntary association of independent economic units, organized, capitalized and run by, and for its members, providing and/or marketing goods and services on cost-to-cost basis to their members.
  • (A) cooperative
  • (B) private
  • (C) public
  • (D) all of these
💬 Discuss
✅ Correct Answer: (A) cooperative
📊 Co-operative Management and Administration
Q. In ………………………………..Central Banks, the overdues under principal exceed 60% of the demand and under interest exceed 15% of the demand.
  • (A) ‘b’ class
  • (B) ‘a’ class
  • (C) ‘c’ class
  • (D) ‘d’ class
💬 Discuss
✅ Correct Answer: (D) ‘d’ class
📊 Co-operative Management and Administration
Q. In ………………………. Central Banks, the arrears under principal may exceed 20% but should not exceed 40% of the demand. There may be interest overdues but it should not exceed 10% of the demand.
  • (A) ‘b’ class
  • (B) ‘a’ class
  • (C) ‘c’ class
  • (D) ‘d’ class
💬 Discuss
✅ Correct Answer: (A) ‘b’ class
📊 Co-operative Management and Administration
Q. In ……………………….. Central Banks, the arrears under principal should not exceed 20% of demand and arrears under interest should not exceed 5% of the demand.
  • (A) ‘b’ class
  • (B) ‘a’ class
  • (C) ‘c’ class
  • (D) ‘d’ class
💬 Discuss
✅ Correct Answer: (B) ‘a’ class

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