InterviewSolution
Saved Bookmarks
InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Consumers Co – operation was first successful in ………(a) England (b) USA (c) Swiss (d) India |
|
Answer» Consumers Co – operation was first successful in England. |
|
| 2. |
Rochdale society of equitable pioneers was started by ………(a) Robert Owen (b) HC Calvert (c) Talmaki (d) Lambert |
|
Answer» (a) Robert Owen |
|
| 3. |
Define cooperatives. |
|
Answer» Co – operation is a form of organization in which persons voluntarily associate together as human beings on the basis of equality for the promotion of the economic interests of themselves. |
|
| 4. |
All cooperatives are established with ……(a) Philanthropic motive (b) Service motive (c) Profit motive (d) Reform motive |
|
Answer» (b) Service motive |
|
| 5. |
What do you mean by cooperative organization? |
|
Answer» A cooperative is a private business organization that is owned and controlled by the people who use its products, supplies or services. |
|
| 6. |
Cooperative fails because of ……… (a) Unlimited membership(b) Cash trading (c) Mismanagement (d) Loss – making |
|
Answer» (c) Mismanagement |
|
| 7. |
Membership in a cooperative organization is …………(a) Not open to all (b) Selective (c) Open to all (d) None of them |
|
Answer» (c) Open to all |
|