Co-Operative Society NDA Questions

NDA Economics

Co-Operative Society MCQ Questions


7.
Which statement is NOT true about cooperatives?
A.
They are owned by members.
B.
They operate democratically.
C.
They prioritize profit over service.
D.
They support collective welfare.
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ANSWER :
C. They prioritize profit over service.
8.
A dairy cooperative focuses on ________.
A.
Milk production and marketing
B.
Importing goods
C.
Agricultural equipment
D.
Urban housing
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ANSWER :
A. Milk production and marketing
9.
The 97th Constitutional Amendment is related to ________.
A.
Panchayati Raj
B.
Cooperative societies
C.
Right to Education
D.
Land reforms
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ANSWER :
B. Cooperative societies
10.
What is the minimum number of members required to form a cooperative society?
A.
2
B.
5
C.
10
D.
20
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ANSWER :
C. 10
11.
The Cooperative Societies Act, 1912, emphasizes ________.
A.
Nationalization
B.
Member welfare
C.
Profit maximization
D.
Centralized governance
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ANSWER :
B. Member welfare
12.
Cooperative farming encourages ________.
A.
Individual ownership
B.
Joint farming efforts
C.
Urban migration
D.
Large-scale privatization
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ANSWER :
B. Joint farming efforts