MCQs on Cooperation & Co-operative Societies - 3

1. The Brighton Cooperative Benevolent Association and the Cooperative Trading Association was formed by

(a) Robert Owen
(b) Dr. William King
(c) C.R. Fay
(d) Rochdale Pioneers



2. The “Rochdale Friendly Cooperative Society” was formed in 

(a) 1830 
(b) 1930 
(c) 1730 
(d) 1630



3. On 21/12/1844, the Rochdale Pioneers established a society with a working capital of 

(a) 28 pounds
(b) 200 pounds
(c) 50 pounds
(d) 100 pounds



4.. . ……………..is based on the principle of self interest, maximization of profits and exploitation.

(a) co-operation
(b) capitalism
(c) socialism
(d) trade unionism



5.. …………is based on the principle of self-help through mutual help, abolition of profits and service above self help.

(a) co-operation
(b) capitalism
(c) socialism
(d) trade unionism



6. In ……………….form of business organization profit earning is the fundamental motive.

(a) co-operation
(b) capitalism
(c) socialism
(d) trade unionism



7. In…………….. each works for all and all work for each.

(a) co-operation
(b) capitalism
(c) socialism
(d) trade unionism



8. In …………. the state is supreme, while in …………… the individual
freedom occupies the front position.

(a) co-operation, capitalism
(b) capitalism, co-operation
(c) socialism, capitalism
(d) socialism, co-operation



9.…………….pre-supposes the dominance of the State, whereas the cooperative
movement does not accept State interference.

(a) co-operation
(b) capitalism
(c) socialism
(d) trade unionism


10.…………………has been compared to a “State within A State”

(a) State
(b) Cooperation
(c) Capitalism
(d) Socialism



More MCQs on Cooperation  & Co-operative Societies

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