Supply Cooperative – MCQs

1. : The main purpose of a supply cooperative is to:
(A) Help farmers and members purchase inputs at lower costs
(B) Sell consumer goods in urban areas
(C) Provide housing facilities
(D) Run transport services

2. : Supply cooperatives are most common in which sector?
(A) Agriculture
(B) Banking
(C) Education
(D) Healthcare

3. : Members of a supply cooperative typically purchase:
(A) Consumer electronics
(B) Seeds, fertilizers, feed, and machinery
(C) Real estate property
(D) Luxury goods

4. : A key benefit of supply cooperatives is:
(A) Elimination of middlemen and reduced input costs
(B) Maximization of profits for outside investors
(C) Focus on speculative trading
(D) Restriction of resources to large corporations

5. : Supply cooperatives usually operate on which principle?
(A) One member, one vote
(B) Votes based on capital invested
(C) Government-appointed voting rights
(D) Votes based on land ownership

6. : Which of the following is an example of a supply cooperative service?
(A) Bulk purchasing of fertilizers and distributing to members
(B) Selling industrial shares to private investors
(C) Building shopping malls for profit
(D) Leasing land to multinational companies

7. : The success of a supply cooperative largely depends on:
(A) Active member participation and trust
(B) High government taxation
(C) Exclusion of small farmers
(D) Privatization of cooperative assets

8. : Supply cooperatives help farmers by:
(A) Lowering input costs and improving productivity
(B) Increasing housing rents
(C) Limiting access to credit
(D) Promoting luxury consumption

9. : Which country has a long history of agricultural supply cooperatives, especially in fertilizers and farm inputs?
(A) USA
(B) Japan
(C) Brazil
(D) All of the above

10. : The overall role of supply cooperatives in agriculture is to:
(A) Strengthen rural economies and support sustainable farming
(B) Increase profits for real estate investors
(C) Replace consumer cooperatives
(D) Promote industrial monopolies