Co-Operative Society NDA Questions

NDA Economics

Co-Operative Society MCQ Questions


13.
Which organization promotes cooperatives in India?
A.
NITI Aayog
B.
NABARD
C.
SEBI
D.
RBI
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ANSWER :
B. NABARD
14.
In a cooperative society, decisions are made based on ________.
A.
Voting by members
B.
Decisions of the chairperson
C.
Government policies
D.
Profit margins
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ANSWER :
A. Voting by members
15.
Which of the following is a WRONG statement about cooperatives?
A.
They ensure equality among members.
B.
They focus on collective welfare.
C.
They aim for maximum profits.
D.
They are governed democratically.
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ANSWER :
C. They aim for maximum profits.
16.
Community development primarily focuses on ________.
A.
Industrial growth
B.
Social and economic improvement
C.
Individual achievements
D.
Urbanization
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ANSWER :
B. Social and economic improvement
17.
The "Operation Flood" program was launched by ________.
A.
NDDB
B.
RBI
C.
ICICI
D.
NITI Aayog
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ANSWER :
A. NDDB
18.
Which type of cooperative manages supply chains for goods and services?
A.
Producer cooperative
B.
Marketing cooperative
C.
Consumer cooperative
D.
Housing cooperative
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ANSWER :
B. Marketing cooperative