1. : Cooperative governance is based primarily on which principle?
(A) One share, one vote
(B) One member, one vote
(C) Majority shareholder control
(D) Political influence
2. : Who is responsible for the overall governance and policy decisions of a cooperative?
(A) Board of Directors
(B) Employees
(C) Government
(D) External Auditors
3. : The Board of Directors in a cooperative is elected by:
(A) Government officials
(B) Employees only
(C) Members of the cooperative
(D) Donors and sponsors
4. : Which of the following is NOT a feature of cooperative governance?
(A) Transparency
(B) Member participation
(C) Profit maximization for a few
(D) Accountability
5. : In cooperative governance, the General Assembly of members usually meets:
(A) Monthly
(B) Quarterly
(C) Annually
(D) Once every five years
6. : Which principle ensures that cooperatives are free from political or external control?
(A) Democratic Member Control
(B) Autonomy and Independence
(C) Concern for Community
(D) Voluntary and Open Membership
7. : Who ensures that the policies set by the cooperative’s Board of Directors are implemented?
(A) Chairperson
(B) Government inspector
(C) Management/CEO
(D) Members directly
8. : Which of the following is a modern challenge in cooperative governance?
(A) Member apathy and low participation
(B) Democratic elections of directors
(C) Voluntary membership
(D) Annual auditing of accounts
9. : The accountability of the Board of Directors in a cooperative is primarily to:
(A) Creditors
(B) Shareholders
(C) Members
(D) Government ministries
10. : Which global body provides guidelines and principles for cooperative governance?
(A) World Trade Organization (WTO)
(B) International Cooperative Alliance (ICA)
(C) International Monetary Fund (IMF)
(D) United Nations Development Programme (UNDP)