Question 1

Co-operative movement originated first in_______________________.

Accepted Answer

The cooperative movement originated in England with the establishment of the Rochdale Society of Equitable Pioneers in 1844. This was a group of 28 artisans in Rochdale, England, who created a cooperative to sell food items they could not otherwise afford.

Question 2

The Co-operative Societies Act was passed in India in the year________________.

Accepted Answer

The Co-operative Societies Act was passed in India in the year 1912 to provide a legal framework for the formation and functioning of cooperative societies.

Question 3

„One man one vote? principle was recommended by ______________ Committee.

Accepted Answer

C

Question 4

Apex Society means ______________ level society.

Accepted Answer

The answer of Apex Society means ______________ level society.
...

Question 5

Which of the following organizational structure is followed by Co-operatives in India?

Accepted Answer

Co-operatives in India follow a Federal Structure, which allows for a system of governance that combines both central (federal) and local (state or regional) elements. This structure is suitable for the diverse and distributed nature of cooperative organizations across the country.

Question 6

Co-operation is included in the _____________ schedule of Indian Constitution.

Accepted Answer

Co-operation is included in the VII schedule of the Indian Constitution under the State List.

Question 7

What is the meaning of the word "Co-operari"?

Accepted Answer

"Co-operari" is a Latin term from which the English word "cooperate" is derived. It literally means "working together," with "co-" signifying "together" and "operari" meaning "to work."

Question 8

The objective of co-operative society is__________________.

Accepted Answer

The answer of The objective of co-operative society is__________________.
...

Question 9

______________ is a Golden means between ____________ and _______________.

Accepted Answer

Co-operation is considered a middle ground between Capitalism and Socialism, as it incorporates elements of both systems, promoting mutual aid and shared ownership while allowing for individual initiative and market dynamics.

Question 10

The first co-operative society came into being in the year__________________.

Accepted Answer

The answer of The first co-operative society came into being...

Question 11

The first successfully co-operative society started in the year _______________.

Accepted Answer

The first successfully co-operative society, the Rochdale Society of Equitable Pioneers, was started in the year 1844.

Question 12

The International Co-operative Alliance (ICA) appointed a sub-committee in ________________ for the first reformulation of Principles of Co-operative Sector.

Accepted Answer

The International Co-operative Alliance (ICA) appointed a sub-committee in 1934 for the first reformulation of Principles of Co-operative Sector.

Question 13

Which principle is not included in ICA-1995?

Accepted Answer

The principle of "Limited interest on share capital" is not included in the ICA (International Cooperative Alliance) principles as revised in 1995. The principles revised in 1995 include voluntary and open membership, democratic member control, member economic participation, autonomy and independence, education, training and information, co-operation among cooperatives, and concern for community. The principle of limited interest on share capital was part of the earlier versions but was replaced by "Member Economic Participation" in the 1995 revision, which focuses more broadly on members' contribution to, and control over, the capital of their cooperative.

Question 14

The "Rochdale Friendly Cooperative Society" was formed in _________________.

Accepted Answer

The "Rochdale Friendly Cooperative Society" was formed in 1830, marking an early example of cooperative enterprise.

Question 15

The Cooperative Credit Societies Act was passed in __________________.

Accepted Answer

The Cooperative Credit Societies Act was passed in 1904, marking the beginning of the cooperative movement in India.

Question 16

The Cooperative Societies Act was passed in ____________________.

Accepted Answer

The Cooperative Societies Act was passed in 1912 to provide a legal framework for the formation and functioning of cooperative societies in India.

Question 17

The term co-operation as an institution and an enterprise related to _____________.

Accepted Answer

Co-operation as an institution and an enterprise involves both providing services and earning profits, as it aims to serve its members' needs while also ensuring its sustainability and growth through profit generation.

Question 18

Democratic control in co-operative means__________________.

Accepted Answer

Democratic control in a cooperative means control by member users, where decisions are made based on the principle of one member, one vote, regardless of the amount of capital they have contributed.

Question 19

__________________ Committee suggested the formation of National Level Cooperative Bank.

Accepted Answer

The Khushro Committee suggested the formation of a National Level Cooperative Bank.

Question 20

Headquarters of NDDB (National Dairy Development Board) is at ____________.

Accepted Answer

The answer of Headquarters of NDDB (National Dairy Development Board)...

Quiz 1: Co-Operative Movement and Society in India: History, Principles, and Practices