Q. …………is based on the principle of self-help through mutual help, abolition of profits and service above self help.
✅ Correct Answer: (A)
co-operation
Co-operative Theory, Principles and Practice MCQs and Notes
Q. . ……………..is based on the principle of self interest, maximization of profits and exploitation.
✅ Correct Answer: (B)
capitalism
Q. 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.
✅ Correct Answer: (A)
october, 1964
Q. The word ………… literally means to work together or act together.
✅ Correct Answer: (C)
co-operation
Q. On 21/12/1844, the Rochdale Pioneers established a society with a working capital of …………..
✅ Correct Answer: (A)
28 pounds
Q. The “Rochdale Friendly Cooperative Society” was formed in …………..
✅ Correct Answer: (A)
1830
Q. The Brighton Cooperative Benevolent Association and the Cooperative Trading Association was formed by…………………….
✅ Correct Answer: (B)
dr. william king
Q. ……………........is the father of cooperation in England.
✅ Correct Answer: (A)
robert owen
Q. Robert Owen was born in …………………….
✅ Correct Answer: (A)
14th may 1771
Q. In … ……..societies, the surplus funds were not distributed as dividends but kept as reserves.
✅ Correct Answer: (A)
raiffeisen