Co-Operative Society NDA Questions

NDA Economics

Co-Operative Society MCQ Questions


1.
The Cooperative Societies Act was first enacted in ________.
A.
1902
B.
1904
C.
1912
D.
1920
😑 View Answer Rough Work Error
ANSWER :
B. 1904
2.
Which of the following is a principle of cooperatives?
A.
Profit maximization
B.
Voluntary membership
C.
Centralized control
D.
Exclusion of members
😑 View Answer Rough Work Error
ANSWER :
B. Voluntary membership
3.
Which type of cooperative focuses on providing loans to farmers?
A.
Housing cooperative
B.
Consumer cooperative
C.
Credit cooperative
D.
Producer cooperative
😑 View Answer Rough Work Error
ANSWER :
C. Credit cooperative
4.
The National Cooperative Development Corporation (NCDC) was established in ________.
A.
1952
B.
1963
C.
1980
D.
1990
😑 View Answer Rough Work Error
ANSWER :
B. 1963
5.
The primary aim of a cooperative society is ________.
A.
Social welfare
B.
Profit generation
C.
Government control
D.
Individual development
😑 View Answer Rough Work Error
ANSWER :
A. Social welfare
6.
The slogan "Cooperation for all" aligns with ________.
A.
Individual enterprises
B.
Community development
C.
Capitalist policies
D.
Private organizations
😑 View Answer Rough Work Error
ANSWER :
B. Community development