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Cooperatives Today – MCQs

1. : Which organization represents cooperatives at the global level today?

(A) United Nations


(B) World Bank


(C) International Cooperative Alliance (ICA)


(D) IMF




2. : The ICA headquarters is located in which city?

(A) Paris


(B) Geneva


(C) Brussels


(D) London




3. : The United Nations declared which year as the “International Year of Cooperatives”?

(A) 2000


(B) 2010


(C) 2012


(D) 2015




4. : Which of the following is NOT a sector where cooperatives operate today?

(A) Agriculture


(B) Banking


(C) Housing


(D) Nuclear Weapons Production




5. : Which country has one of the largest cooperative banking systems in the world?

(A) USA


(B) France


(C) Germany


(D) India




6. : Cooperative principles were last revised by the ICA in which year?

(A) 1937


(B) 1966


(C) 1995


(D) 2005




7. : Which of the following is a modern principle of cooperatives?

(A) Competition and Exclusion


(B) Member Economic Participation


(C) Profit Maximization


(D) Political Patronage




8. : In India, cooperative banks are regulated jointly by which two authorities?

(A) RBI and SEBI


(B) NABARD and RBI


(C) RBI and State Governments


(D) Ministry of Finance and NABARD




9. : Which global day is celebrated every year on the first Saturday of July to honor cooperatives?

(A) International Day of Labor


(B) International Cooperative Day


(C) World Social Justice Day


(D) Global Solidarity Day




10. : Today, cooperatives are often seen as a tool to promote which of the following?

(A) Economic inclusion and sustainable development


(B) Private monopolies


(C) Centralized economic planning


(D) Short-term profit gains




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