This quiz works best with JavaScript enabled. Home > General Knowledge > Economy > Cooperation > Co Operation Co Operative Societies – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Co Operation Co Operative Societies Quiz 1 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In ..... the National Cooperative Development Corporation(NCDC) was established for strengthening the cooperative activities. A) 1963. B) 1973. C) 1953. D) 1983. Show Answer Correct Answer: A) 1963. 2. A novel form of cooperative organization known as Producer Company was introduced by amending the ..... A) Companies Act, 1913. B) Cooperative societies Act of 1912. C) Companies Act, 1956. D) Cooperative societies Act of 1904. Show Answer Correct Answer: A) Companies Act, 1913. 3. International Cooperative Alliance was founded by the International Cooperative Congress held in London in A) 1895. B) 1865. C) 1875. D) 1885. Show Answer Correct Answer: A) 1895. 4. Co-operative movement originated first in A) Spain. B) France. C) England. D) Germany. Show Answer Correct Answer: C) England. 5. The custodian of minutes book of a society is A) MD. B) The Registrar. C) President. D) Secretary. Show Answer Correct Answer: D) Secretary. 6. ..... has been compared to a "State within A State" . A) State. B) Cooperation. C) Capitalism. D) Socialism. Show Answer Correct Answer: B) Cooperation. 7. The first burial societies were established on cooperative lines in A) Sweden. B) England. C) Germany. D) Denmark. Show Answer Correct Answer: A) Sweden. 8. The ..... implemented the "Operation Flood Programme" . A) NCHF. B) NDDB. C) NCDC. D) HDFC. Show Answer Correct Answer: B) NDDB. 9. Admission of members and allocation of shares in a Co-operative Society is the duty of A) Secretary. B) Managing committee. C) President. D) General Body. Show Answer Correct Answer: B) Managing committee. 10. The Co-operative Societies Act was passed in India in the year A) 1911. B) 1912. C) 1914. D) 1913. Show Answer Correct Answer: B) 1912. 11. Interest Rate of Deposits of a Co-operative Credit Societies are fixed by A) Government. B) General Body. C) Registrar. D) RBI. Show Answer Correct Answer: C) Registrar. 12. The "Rochdale Friendly Cooperative Society" was formed in A) 1530. B) 1630. C) 1730. D) 1830. Show Answer Correct Answer: D) 1830. 13. I.A.O.S stands for A) Irish Agricultural Organisation Society. B) Italian Agricultural Organisation Society. C) Indian Agricultural Organisation Society. D) IrelandAgricultural Organisation Society. Show Answer Correct Answer: A) Irish Agricultural Organisation Society. 14. In a ..... everyone enjoys the same rights and assumes the same obligations. A) Kibbutz. B) Moshavim. C) Both (a) and (b). D) None of these. Show Answer Correct Answer: A) Kibbutz. 15. 'One man one vote' principle was recommended by ..... Committee A) Minto Morley. B) Montague Chelmsford. C) Mac Lagan. D) Gorwala. Show Answer Correct Answer: C) Mac Lagan. 16. The Madras Government sent.....for studying the cooperative movements in European countries. A) Dr. William King. B) Sir Edward Law. C) Sir Federik Nicholson. D) Sir Maclagan. Show Answer Correct Answer: C) Sir Federik Nicholson. 17. The oldest of the Moshavim is A) Moshavim Ovdim. B) Kfarim Shitufiim. C) Moshavim Shitufiim. D) Moshavim Olim. Show Answer Correct Answer: A) Moshavim Ovdim. 18. The word ..... literally means to work together or act together. A) Company. B) Organization. C) Association. D) Co-operation. Show Answer Correct Answer: D) Co-operation. 19. Rebate is related to ..... type of societies A) Apcos. B) Marketing. C) Consumer. D) Handlooms. Show Answer Correct Answer: D) Handlooms. 20. Which of the following organizational structure is followed by Co-operatives in India? A) Federal Structure. B) Unitary Structure. C) Centralized Structure. D) Decentralized Structure. Show Answer Correct Answer: A) Federal Structure. 21. DCCBs stands for A) Danish Credit Cooperative Bank. B) Dane Creative Cooperative Band. C) District Central Cooperative Banks. D) Director of Central Cooperative Bank. Show Answer Correct Answer: C) District Central Cooperative Banks. 22. The President of a Co-operative Society is A) Employees. B) Adviser. C) Owner. D) Officer. Show Answer Correct Answer: D) Officer. 23. Who is known as the father of cooperation in England. A) R. Fay. B) Robert Owen. C) RochdalePioneers. D) Dr. William King. Show Answer Correct Answer: B) Robert Owen. 24. In ..... each works for all and all work for each. A) Co-operation. B) Trade unionism. C) Capitalism. D) Socialism. Show Answer Correct Answer: A) Co-operation. 25. The principles of 'Voluntary Association' and Democratic Management' are the guidelines for A) Trade unionism. B) Capitalism. C) Socialism. D) Co-operation. Show Answer Correct Answer: D) Co-operation. 26. The first Moshav Ovdim was established in A) 1931. B) 1941. C) 1921. D) 1911. Show Answer Correct Answer: C) 1921. 27. The Multi-State Cooperative Societies Act 2002 of India has incorporated ..... in its second schedule. A) Cooperative values. B) Cooperative principles. C) Cooperative values and principles. D) None of the above. Show Answer Correct Answer: C) Cooperative values and principles. 28. In 1970 the Reserve bank of India set up the ..... for the review of rural credit system. A) Committee of Direction of the Rural Credit Survey. B) National Cooperative Development Corporation. C) AllIndiaRural Credit Review Committee. D) All of the above. Show Answer Correct Answer: C) AllIndiaRural Credit Review Committee. 29. The Italian Federation of Cooperative Credit Banks (FEDERCASSE) is a national association of rural cooperative banks formed in A) 1960. B) 1950. C) 1980. D) 1970. Show Answer Correct Answer: B) 1950. 30. Production bonus is given by ..... societies A) Marketing. B) Farming. C) Diary. D) Consumer. Show Answer Correct Answer: C) Diary. 31. The ..... presides over the General assembly and Board of ICA. A) Director General. B) Vice President. C) Board. D) President. Show Answer Correct Answer: D) President. 32. The first Diary Cooperative Society was registered in 1913 at A) Allahabadin UP. B) Anand inGujarat. C) Ahmedabad inGujarat. D) AurangabadinMaharashtra. Show Answer Correct Answer: A) Allahabadin UP. 33. The Rules and Regulations of a Co-operative Society is formed in its A) General Body. B) Co-operative rules. C) Bylaws. D) Co-operative Act. Show Answer Correct Answer: D) Co-operative Act. 34. The ..... is the largest cooperative enterprise in England. A) Cooperative Wholesale Society. B) Cooperative Retails Society. C) Scottish Cooperative Wholesale Society. D) RochdaleSociety. Show Answer Correct Answer: C) Scottish Cooperative Wholesale Society. 35. In the ..... five year plan the All India Rural Credit Review Committee was set up. A) Fourth. B) Second. C) First. D) Third. Show Answer Correct Answer: A) Fourth. 36. The Land Improvement Loans Act was passed in A) 1883. B) 1884. C) 1881. D) 1882. Show Answer Correct Answer: A) 1883. 37. The binding up of a co-operative Society means A) Registration. B) Reconstruction. C) Liquidation. D) Amalgamation. Show Answer Correct Answer: C) Liquidation. 38. ..... has the right to sign in the identity card of a member a Co-operative Society A) Secretary. B) Election Officer. C) Registrar. D) President. Show Answer Correct Answer: A) Secretary. 39. ..... was the force behind the cooperative movement in Ireland A) Sir Horace Plunkett. B) Pastor Soune. C) Dr. Ulkrik. D) None of the above. Show Answer Correct Answer: A) Sir Horace Plunkett. 40. ..... was a German who organized cooperative societies for providing credit to big farmers. A) Dr. Hass. B) F.W. Raiffeisen. C) Herr Franz Schulze. D) None of these. Show Answer Correct Answer: A) Dr. Hass. 41. The National Cooperative Consumers' Federation was established during the ..... Plan. A) Fourth five year. B) Third five year. C) Second five year. D) First five year. Show Answer Correct Answer: A) Fourth five year. 42. Highest number of Kibbutzims and Moshavims are found in A) Denmark. B) Israel. C) Germany. D) Britain. Show Answer Correct Answer: B) Israel. 43. The members of a Co-operative Society have ..... liability A) Joint. B) Limited. C) Unlimited. D) Joint and Several. Show Answer Correct Answer: B) Limited. 44. Co-operative societies with area of operation more than two states is registered by A) RBI. B) NCUI. C) Central Government. D) Central Registrar. Show Answer Correct Answer: D) Central Registrar. 45. ..... contributed the maximum to the spread of the cooperative movement in Germany. A) Dr. Hass. B) F.W. Raiffeisen. C) Herr Franz Schulze. D) None of these. Show Answer Correct Answer: B) F.W. Raiffeisen. 46. ABCUL stands for A) Agriculture Board for Cooperative Undertaking Ltd. B) Agricultural Banking Credit Union Ltd. C) Association of Bakers Credit Union Ltd. D) Association of British Credit Union Ltd. Show Answer Correct Answer: D) Association of British Credit Union Ltd. 47. In ..... form of business organization profit earning is the fundamental motive. A) Socialism. B) Trade unionism. C) Co-operation. D) Capitalism. Show Answer Correct Answer: D) Capitalism. 48. SCARDBs stands for A) State Cooperative Agriculture and Rural Development Banks. B) State Cooperative and Rural Development Banks. C) State Credit and Rural Development Banks. D) State Credit and Rural Data Bank. Show Answer Correct Answer: A) State Cooperative Agriculture and Rural Development Banks. 49. The Deccan Agriculturists' Relief Act was passed in A) 1889. B) 1869. C) 1859. D) 1879. Show Answer Correct Answer: D) 1879. 50. The ..... is the Chief Executive Officer of the ICA. A) President. B) Board. C) Director General. D) Vice President. Show Answer Correct Answer: C) Director General. 51. ..... pre-supposes the dominance of the State, whereas the cooperative movement does not accept State interference. A) Socialism. B) Co-operation. C) Capitalism. D) Trade unionism. Show Answer Correct Answer: A) Socialism. 52. NAFED stands for A) National Apex Federation. B) National Association of Fisheries Marketing Federation. C) National Agricultural Cooperative Marketing Federation. D) National Agricultural and Fisheries Marketing Federation. Show Answer Correct Answer: C) National Agricultural Cooperative Marketing Federation. 53. ..... is regarded as the father of Cooperation in England. A) F.W. Raiffeisen. B) Robert Owen. C) R.Fay. D) Dr. William King. Show Answer Correct Answer: B) Robert Owen. 54. The Agriculturists Loan Act was passed in A) 1883. B) 1881. C) 1884. D) 1882. Show Answer Correct Answer: C) 1884. 55. An important document for the membership in a Co-operative Society is A) Minute book. B) Identity card. C) Receipt. D) Passbook. Show Answer Correct Answer: B) Identity card. 56. ..... is based on the principle of self-help through mutual help, abolition of profits and service above self help. A) Socialism. B) Co-operation. C) Trade unionism. D) Capitalism. Show Answer Correct Answer: B) Co-operation. 57. The first consumers' society which was established in 1866 in Denmark was the result of the efforts of ..... A) Dr. Ulkrik. B) Pastor Soune. C) Sir Horace Plunkett. D) None of the above. Show Answer Correct Answer: B) Pastor Soune. 58. ..... is based on the principle of self interest, maximization of profits and exploitation. A) Socialism. B) Capitalism. C) Co-operation. D) Trade unionism. Show Answer Correct Answer: B) Capitalism. 59. The constitution of a society is its A) Act. B) General body. C) Rules. D) Bylaw. Show Answer Correct Answer: D) Bylaw. 60. LAMPS stands for A) Large sized Multipurpose Cooperative Societies. B) Large Agricultural Multipurpose Cooperative Societies. C) Large Sized Adivasi Multipurpose Cooperative Societies. D) None of the above. Show Answer Correct Answer: C) Large Sized Adivasi Multipurpose Cooperative Societies. Next →Related QuizzesEconomy QuizzesGeneral Knowledge QuizzesCo Operation Co Operative Societies Quiz 2 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books