HISTORY OF COOPERATIVE MOVEMENTS:
• Robert Owen attempted cooperative communities in Scotland and which U.S.
state?
A) New York
B) Indiana
C) Pennsylvania
D) Massachusett
• Dr. William King elaborated cooperative ideas originally suggested by Owen and
made them practical between:
A) 1750–1800
B) 1786–1865
C) 1820–1900
• The cooperative movement began during the:
A) Renaissance
B) French Revolution
C) Industrial Revolution
D) Cold War
• The first successful cooperative was established in:
A) Germany
B) France
C) England
D) India
• The Rochdale Society of Equitable Pioneers was founded in:
A) 1830
B) 1844
C) 1854
D) 1864
• The first cooperative store was opened in:
A) Manchester
B) London
C) Liverpool
D) Rochdale
• The capital contributed by Rochdale pioneers was:
A) £50
B) £28
C) £100
D) £75
• The number of founding members in Rochdale Society was:
A) 20
B) 28
C) 32
D) 18
• The Rochdale pioneers first sold:
A) Cloth
B) Oil
C) Butter and sugar
D) Furniture
• Who is regarded as the father of the cooperative movement?
A) Robert Owen
B) Karl Marx
C) Raiffeisen
D) William King
• Robert Owen founded a cooperative community in:
A) France
B) New Lanark, Scotland
C) London
D) Berlin
• Robert Owen also experimented with cooperatives in:
A) Canada
B) Ireland
C) Indiana, USA
D) Australia
• Who introduced rural credit cooperatives in Germany?
A) Friedrich Raiffeisen
B) Robert Owen
C) William King
D) Fourier
• Who introduced urban cooperative banks in Germany?
A) William King
B) Schulze-Delitzsch
C) Raiffeisen
D) Owen
• The cooperative movement spread from England to:
A) India
B) Germany
C) USA
D) All of the above
• One of the original Rochdale principles was:
A) Political activism
B) Democratic control
C) State funding
D) Trade monopoly
• Which is not a Rochdale principle?
A) Cash trading
B) Political neutrality
C) Unlimited liability
D) Open membership
• The Rochdale store used what system for transactions?
A) Credit only
B) Cash only
C) Barter
D) Installments
• According to cooperative principles, voting is based on:
A) Share capital
B) One member, one vote
C) Profit earned
D) Seniority
• The primary goal of cooperatives is:
A) Mutual help
B) Profit maximization
C) Government control
D) Capital investment
• International Cooperative Alliance (ICA) was established in:
A) 1890
B) 1895
C) 1925
D) 1944
• Pakistan became a member of ICA in:
A) 1951
B) 1965
C) 1972
D) 1984
• The Cooperative Credit Societies Act was introduced in India in:
A) 1925
B) 1904
C) 1912
D) 1935
• Which act consolidated cooperative development in India post-1904?
A) Cooperative Societies Act 1912
B) Land Revenue Act
C) Companies Act
D) Punjab Tenancy Act
• Who published The Co-operator newspaper in 1828 to spread cooperative ideas?
A) Raiffeisen
B) Schulze
C) William King
D) Robert Owen
• The term “cooperative” means:
A) Competitive
B) Profit-sharing
C) Working together
D) Monopoly
• Which country is famous for cooperative dairy movement?
A) England
B) Denmark
C) Germany
D) France
• When was the first cooperative dairy established in Denmark?
A) 1860
B) 1875
C) 1882
D) 1895
• The first cooperative in the subcontinent was established in:
A) Delhi
B) Bombay
C) Baroda
D) Lahore
• Cooperative farming societies were introduced to help:
A) Urban poor
B) Traders
C) Small farmers
D) Landlords
• The Cooperative Societies Act 1925 applies to:
A) Industrial zones
B) NGOs
C) All of Pakistan
D) Sindh only
• Cooperative principles were officially adopted by ICA in:
A) 1905
B) 1925
C) 1937
D) 1960
• A major reason behind the rise of cooperatives in Europe was:
A) Free trade
B) Capitalist exploitation
C) War
D) Religion
• In cooperatives, profits are distributed as:
A) Salaries
B) Patronage dividends
C) Bonuses
D) Government taxes
• Cooperative societies must register under:
A) Municipal law
B) Cooperative Societies Act
C) Companies Ordinance
D) SECP
• Village Service Cooperative Society is a:
A) Marketing society
B) Credit society
C) Housing society
D) Labor society
• In Pakistan, the cooperative training college was established in:
A) Lahore
B) Faisalabad
C) Peshawar
D) Islamabad
• The year of establishment of Cooperative Training College Faisalabad is:
A) 1950
B) 1955
C) 1960
D) 1970
• Housing cooperative societies usually obtain land from:
A) Private banks
B) Federal agencies
C) Landowners or Government
D) Foreign firms
• The first housing cooperative in Pakistan was set up in:
A) Karachi
B) Lahore
C) Rawalpindi
D) Quetta
• Cooperatives are classified under which economic system?
A) Capitalism
B) Mixed economy
C) Communism
D) Feudalism
• The essence of cooperation lies in:
A) Political power
B) Self-help and mutual benefit
C) Private ownership
D) Tax benefits
41. The main reason behind the rise of cooperative societies was:
A) Profit generation
B) Government promotion
C) Industrial exploitation
D) Religious freedom
42. The Rochdale Pioneers belonged to which profession?
A) Farmers
B) Weavers
C) Miners
D) Teachers
43. Which of the following is not a basic feature of cooperative society?
A) Voluntary membership
B) Democratic control
C) Centralized ownership
D) Service motive
44. Friedrich Raiffeisen is mainly associated with:
A) Housing cooperatives
B) Urban consumer cooperatives
C) Rural credit cooperatives
D) Labor cooperatives
45. Schulze-Delitzsch was known for establishing:
A) Agricultural cooperatives
B) Urban credit cooperatives
C) Dairy cooperatives
D) Labour unions
46. The cooperative movement was a response to:
A) Political anarchy
B) Capitalist injustice
C) Religious conflicts
D) Educational backwardness
47. Cooperatives are based on the principle of:
A) Centralized planning
B) Monopoly
C) Mutual help and equality
D) Profit maximization
48. One of the earliest cooperatives in India was established in:
A) Baroda
B) Calcutta
C) Madras
D) Bombay
49. Robert Owen promoted cooperative ideas in the early:
A) 16th century
B) 18th century
C) 19th century
D) 20th century
50. The first documented cooperative effort in Europe was in:
A) France
B) England
C) Russia
D) Italy
51. The purpose of the first cooperatives was to provide:
A) Pure food at fair prices
B) Employment only
C) Housing
D) Healthcare
52. Cooperative societies operate under the principle of:
A) One share, many votes
B) One member, one vote
C) Votes based on capital
D) Seniority voting
53. The year 1904 is important because of:
A) Formation of ICA
B) Enactment of Cooperative Credit Societies Act in India
C) Start of consumer movement
D) Introduction of bank laws
54. Raiffeisen established the first rural cooperative bank in:
A) Bavaria
B) Berlin
C) Anhausen
D) Hamburg
55. Rochdale Pioneers’ store was located on:
A) Abbey Road
B) Toad Lane
C) Brick Street
D) Oxford Street
56. Early cooperatives sold:
A) Only vegetables
B) Only clothing
C) Basic food and essentials
D) Luxury items
57. The goal of the Rochdale Pioneers was to:
A) Earn huge profits
B) Avoid taxation
C) Provide honest trade to workers
D) Help the elite
58. Cooperative principle of “concern for community” was added in:
A) 1844
B) 1937
C) 1995
D) 2005
59. The first cooperative society in Germany was formed in:
A) 1808
B) 1840
C) 1849
D) 1900
60. Cooperative movement is aimed at:
A) Competing with businesses
B) Empowering common people
C) Supporting feudalism
D) Reducing education
61. Cooperative societies are governed by:
A) Corporate laws
B) Special cooperative acts
C) Contract Act
D) Civil Procedure Code
62. One of the oldest cooperative movements in the world was started in:
A) USA
B) UK
C) India
D) USSR
63. Cooperatives are designed to protect people from:
A) Communism
B) Foreign invasions
C) Middlemen and exploitation
D) Industrial progress
64. Which act followed the Cooperative Credit Societies Act of 1904?
A) Partnership Act
B) Land Reforms Act
C) Cooperative Societies Act 1912
D) Contract Act 1872
65. In cooperative societies, profits are shared according to:
A) Age
B) Number of shares
C) Member transactions
D) Position in committee
66. The term “Patronage Dividend” means:
A) Profit share based on purchase volume
B) Salary bonus
C) Extra tax
D) Capital refund
67. Cooperatives promote which type of economy?
A) Capitalist
B) Social economy
C) Communist
D) Feudal economy
68. The term “equitable” in the Rochdale name represents:
A) Legal fairness
B) Economic fairness for members
C) Political equality
D) Property rights
69. The ICA stands for:
A) International Corporate Association
B) International Cooperative Alliance
C) Internal Commerce Authority
D) Independent Credit Agency
70. The headquarters of the ICA is located in:
A) New York
B) London
C) Brussels
D) Geneva
71. Cooperative societies serve the goal of:
A) Charity
B) Economic uplift of members
C) State control
D) Religious activities
72. Cooperatives require which of the following for formation?
A) Capital of Rs. 10 million
B) Govt. license
C) Minimum number of members as per law
D) Investor agreement
73. The Rochdale Pioneers are called “pioneers” because they:
A) Gave loans
B) Created successful working cooperative model
C) Were funded by state
D) Sold gold
74. The first dairy cooperative in Denmark helped:
A) Urban milk sellers
B) Small farmers
C) Large farms only
D) Traders
40 MCQs: First Successful Cooperative Movement
(Rochdale Movement Focused)
1. The first successful cooperative society was formed in:
A) Germany
B) England
C) France
D) USA
2. The first successful cooperative society was called:
A) People’s Union
B) Rochdale Society of Equitable Pioneers
C) Owen’s Brotherhood
D) Social Trade Guild
3. The Rochdale Pioneers started their society in the year:
A) 1834
B) 1844
C) 1855
D) 1865
4. The Rochdale cooperative was formed by how many members?
A) 22
B) 30
C) 28
D) 18
5. The first cooperative store was opened at:
A) Oxford Street
B) Toad Lane
C) Regent Street
D) Barrow Lane
6. The founding members of the Rochdale society were mainly:
A) Farmers
B) Shopkeepers
C) Weavers
D) Teachers
7. The initial capital raised by Rochdale Pioneers was:
A) £10
B) £28
C) £100
D) £50
8. The Rochdale society began by selling:
A) Meat and fish
B) Medicine
C) Butter, sugar, and flour
D) Clothing
9. The Rochdale society aimed to provide:
A) Free goods
B) Government subsidies
C) Pure goods at fair prices
D) Credit on easy terms
10. The most important principle introduced by Rochdale Pioneers was:
A) Profit maximization
B) One member, one vote
C) Share-based control
D) Closed membership
11. The Rochdale society ensured which method of sale?
A) Cash only
B) Credit only
C) Barter
D) Installments
12. Who is known as the father of the cooperative movement?
A) Friedrich Raiffeisen
B) Robert Owen
C) William King
D) Karl Marx
13. Robert Owen established a model community at:
A) Birmingham
B) New Lanark
C) Leeds
D) Glasgow
14. The Rochdale principles laid the foundation for:
A) Trade unions
B) Political parties
C) Modern cooperatives worldwide
D) Credit banks
15. The cooperative model of Rochdale was adopted globally due to:
A) Free services
B) Transparency and democracy
C) Capital investment
D) State support
16. The International Cooperative Alliance (ICA) adopted Rochdale principles in:
A) 1925
B) 1937
C) 1945
D) 1995
17. The ICA revised Rochdale principles in:
A) 1975
B) 1995
C) 2005
D) 2010
18. A key feature of Rochdale’s system was:
A) Top-down control
B) Democratic member control
C) Government appointment
D) Corporate structure
19. “Concern for community” was added as a principle in:
A) 1937
B) 1975
C) 1995
D) 2005
20. The Rochdale society set the standard for:
A) Commercial chains
B) Member-owned cooperatives
C) NGOs
D) Political groups
21. A Rochdale principle emphasized education for:
A) Workers
B) Elites
C) Members and the public
D) Children only
22. In cooperatives, profits are distributed as:
A) Salaries
B) Patronage dividends
C) Loans
D) Donations
23. According to Rochdale, membership should be:
A) Exclusive
B) Open and voluntary
C) Political
D) Religious-based
24. The Rochdale Pioneers started their store with:
A) State subsidy
B) Charity
C) Member contributions
D) Bank loan
25. Which sector was first targeted by the cooperative model?
A) Housing
B) Transport
C) Consumer goods
D) Education
26. One of the Rochdale rules ensured:
A) Profit to investors only
B) Limited return on capital
C) Government control
D) Double voting for elders
27. The Rochdale store was initially open for business on:
A) Sundays only
B) Saturdays evenings
C) Every weekday
D) Holidays only
28. The Rochdale pioneers emphasized trading in:
A) Expensive goods
B) Luxury items
C) Unadulterated goods
D) Imported goods
29. In which English town did the cooperative revolution begin?
A) Manchester
B) London
C) Rochdale
D) Bristol
30. Which publication spread cooperative ideas in the 1820s?
A) The Social Review
B) The Commoner
C) The Co-operator
D) Daily People’s Voice
31. Who edited “The Co-operator” newspaper?
A) Owen
B) Raiffeisen
C) Dr. William King
D) Schulze-Delitzsch
32. Rochdale Pioneers also inspired cooperatives in:
A) Only Europe
B) Worldwide
C) South Asia only
D) USA only
33. The main motivation behind Rochdale society was:
A) Political revolution
B) Charity
C) Self-help and mutual benefit
D) Profit-making
34. The term “Equitable” in their name meant:
A) Socialist
B) Fair and just for all members
C) Controlled
D) Politically equal
35. Cooperative societies differ from companies as they:
A) Focus on elite
B) Work for member welfare
C) Maximize profit
D) Have no laws
36. Rochdale society's success was due to:
A) British Government
B) Low taxation
C) Strong principles and transparency
D) Business monopoly
37. One principle emphasized by Rochdale was:
A) Share capital-based voting
B) Member economic participation
C) Owner’s veto
D) Political alignment
38. Which country adopted the Rochdale model in its laws first outside the UK?
A) India
B) Germany
C) USA
D) France
39. Rochdale's success discouraged:
A) Cooperation
B) Middlemen and private exploiters
C) Worker unions
D) Savings schemes
40. The spirit of the Rochdale movement was:
A) Profit first
B) Self-reliance and equality
C) Competition
D) Control by elite
40 MCQs – Rochdale Cooperative Society
1. In which year was the Rochdale Society of Equitable Pioneers founded?
A) 1833
B) 1839
C) 1844
D) 1850
2. Where was the Rochdale Society of Equitable Pioneers established?
A) London
B) Glasgow
C) Birmingham
D) Rochdale
3. How many members originally formed the Rochdale Cooperative?
A) 25
B) 28
C) 30
D) 18
4. What was the occupation of most Rochdale pioneers?
A) Miners
B) Farmers
C) Weavers
D) Teachers
5. What was the initial capital of the Rochdale Society?
A) £10
B) £18
C) £28
D) £50
6. The Rochdale Cooperative first sold which item?
A) Meat
B) Clothing
C) Furniture
D) Butter, sugar, and flour
7. The first Rochdale store opened on which lane?
A) Regent Lane
B) Toad Lane
C) High Street
D) Oak Lane
8. The Rochdale Society was famous for introducing what concept?
A) Barter system
B) Modern cooperative principles
C) State subsidies
D) Political ideology
9. Which principle was central to the Rochdale model?
A) Profit maximization
B) One member, one vote
C) Government control
D) Wealth-based voting
10. What kind of membership did the Rochdale Society promote?
A) Closed
B) Exclusive
C) Open and voluntary
D) Hereditary
11. The Rochdale Society rejected which practice?
A) Voting
B) Credit sales
C) Cash transactions
D) Advertising
12. Who is considered the philosophical founder of cooperative thought, later
influencing Rochdale?
A) Robert Owen
B) Adam Smith
C) Karl Marx
D) Lenin
13. The Rochdale model emphasized:
A) Unlimited profit sharing
B) Limited return on capital
C) One-man control
D) Government grants
14. What was the key method of ensuring honesty in trade?
A) Bribery control
B) Licensing
C) Selling pure, unadulterated goods
D) State regulation
15. Profits in Rochdale were shared as:
A) Wages
B) Salaries
C) Dividends based on purchase
D) Fixed interest
16. Which principle focused on member education?
A) Financial awareness
B) Schooling
C) Education, training, and information
D) Literacy
17. Which international organization adopted the Rochdale Principles?
A) IMF
B) WTO
C) UNCTAD
D) International Cooperative Alliance (ICA)
18. When did the ICA revise the Rochdale Principles?
A) 1985
B) 1990
C) 1995
D) 2000
19. The seventh Rochdale principle added later was:
A) One-man control
B) State funding
C) Concern for community
D) Elite governance
20. The Rochdale store initially opened only on:
A) Sundays
B) Weekdays
C) Saturday evenings
D) Holidays
21. Why was the Rochdale Society considered successful?
A) Royal support
B) External funding
C) Clear principles and transparency
D) Tax exemption
22. Which principle ensures no discrimination in membership?
A) Elite membership
B) Voluntary and open membership
C) Royal privilege
D) Franchise
23. Who edited "The Co-operator" in the early 1800s to promote cooperative ideas?
A) Robert Owen
B) Dr. William King
C) Raiffeisen
D) Samuel Adams
24. The Rochdale model was replicated in:
A) Only UK
B) Europe only
C) Worldwide
D) North America only
25. Cooperatives based on the Rochdale model serve:
A) Politicians
B) Members’ needs
C) Shareholders only
D) Banks
26. Which of these was not a Rochdale principle?
A) One member, one vote
B) Limited return on capital
C) Member education
D) Profit above people
27. The core of Rochdale philosophy is:
A) Political control
B) State welfare
C) Self-help and mutual benefit
D) Charity
28. How did Rochdale Society maintain equality among members?
A) No voting
B) Investment-based control
C) One vote per member
D) Age-based votes
29. The cooperative principles formed in Rochdale are also known as:
A) British Social Laws
B) Owenism
C) Rochdale Principles
D) Equity Codes
30. The first Rochdale store was located in which country?
A) Germany
B) USA
C) England
D) Canada
31. Which principle prevents capitalists from controlling the cooperative?
A) Member training
B) Democratic member control
C) Trade union
D) Share holding
32. A key feature of Rochdale was:
A) External ownership
B) Autonomy and independence
C) Government-managed
D) Commercial partnership
33. Which item was not among the first goods sold by Rochdale?
A) Flour
B) Sugar
C) Gold
D) Butter
34. The Rochdale Society created a system of:
A) Fixed pricing
B) Patronage refund
C) Subsidized goods
D) Free goods
35. What encouraged trust in the Rochdale store?
A) Advertising
B) Honest weights and measures
C) Free samples
D) Price manipulation
36. Rochdale Pioneers wanted to combat:
A) Government taxes
B) Exploitation by private traders
C) Landlords
D) Factory owners
37. One of the key long-term effects of Rochdale was:
A) Formation of monopoly
B) Global cooperative development
C) End of capitalism
D) Nationalization
38. Rochdale's success inspired laws in:
A) Africa only
B) Europe only
C) Many countries including India, USA, Pakistan
D) Only England
39. The Rochdale Society was an example of which kind of cooperative?
A) Producer
B) Consumer
C) Marketing
D) Credit
40. The cooperative movement born at Rochdale ultimately promoted:
A) Class war
B) Religious division
C) Social justice and equality
D) Corporate ownership
The cooperative movement gained momentum during the:
A) Renaissance
B) Agricultural Revolution
C) Industrial Revolution
D) French Revolution
2. The success of the Rochdale Pioneers led to the growth of cooperatives in:
A) England only
B) Europe and beyond
C) Asia only
D) United States only
3. Who established the first credit cooperative in Germany?
A) Robert Owen
B) Raiffeisen
C) Karl Marx
D) Dr. William King
4. Friedrich Wilhelm Raiffeisen focused on cooperatives for:
A) Industry
B) Commerce
C) Rural credit and farmers
D) Real estate
5. The Schulze-Delitzsch model of cooperative banking was designed for:
A) Farmers
B) Urban workers and craftsmen
C) Teachers
D) Clergy
6. Raiffeisen’s model was based on:
A) State funding
B) Self-help and mutual aid
C) Business profits
D) Charity
7. The first cooperative legislation in India was introduced in:
A) 1900
B) 1904
C) 1919
D) 1925
8. The 1904 Indian Co-operative Credit Societies Act focused primarily on:
A) Industrial cooperatives
B) Agricultural credit cooperatives
C) Women’s cooperatives
D) Consumer stores
9. The International Cooperative Alliance (ICA) was formed in:
A) 1835
B) 1889
C) 1895
D) 1919
10. ICA was founded in which city?
A) Paris
B) London
C) Vienna
D) Berlin
11. The ICA promotes:
A) State-owned cooperatives
B) Global cooperation and cooperative principles
C) Political cooperatives
D) Non-profit organizations
12. In which year was the ICA's centenary celebrated?
A) 1995
B) 2000
C) 1985
D) 1975
13. Cooperative movements were introduced in colonies mainly for:
A) Profit
B) Agricultural development and rural finance
C) Political reasons
D) Military recruitment
14. One of the first consumer cooperatives in India was formed in:
A) 1904
B) 1906
C) 1912
D) 1920
15. The Cooperative Societies Act, 1912 in India allowed for:
A) Only credit societies
B) All types of cooperative societies
C) Only producer cooperatives
D) Urban societies
16. Cooperatives in the USSR were integrated into:
A) Market economy
B) Central planning
C) Private economy
D) Trade unions
17. In 1946, the ICA recognized how many core cooperative principles?
A) 5
B) 6
C) 7
D) 8
18. The principle “Concern for Community” was added by ICA in:
A) 1985
B) 1995
C) 1970
D) 2000
19. The United Nations declared which year as the International Year of Cooperatives?
A) 1995
B) 2000
C) 2012
D) 2020
20. What is the motto of the ICA?
A) Unity is Strength
B) One for All
C) Cooperatives for a Better World
D) Mutual Trust
21. Cooperatives in Germany influenced the development of:
A) Communism
B) Credit unions worldwide
C) Political parties
D) Religious sects
22. In Italy, cooperatives were especially known for:
A) Agriculture
B) Social and worker cooperatives
C) Consumerism
D) Housing only
23. The first agricultural cooperative in Japan started in the:
A) Edo Period
B) Meiji Period
C) Tokugawa Period
D) Kamakura Period
24. Cooperative insurance originated in:
A) India
B) Sweden
C) Japan
D) Canada
25. Which country has one of the world’s strongest cooperative banking systems
today?
A) UK
B) USA
C) Germany
D) Russia
26. Cooperatives in Israel are called:
A) Sanchal
B) Kibbutzim
C) Societies
D) Bancos
27. The Grameen Bank in Bangladesh is an example of a:
A) Consumer cooperative
B) Microcredit cooperative model
C) Retail cooperative
D) Industrial union
28. Which sector in India has the highest number of cooperatives?
A) Fisheries
B) Agriculture and credit
C) Transport
D) Housing
29. Cooperative movements worldwide are monitored by:
A) WTO
B) ICA
C) UNESCO
D) FAO
30. “Self-help through mutual help” is a slogan often linked with:
A) NGOs
B) Banks
C) Cooperative philosophy
D) Corporations
31. Which leader strongly supported cooperatives during Pakistan’s early years?
A) Liaquat Ali Khan
B) Ayub Khan
C) Quaid-e-Azam Muhammad Ali Jinnah
D) Zulfikar Bhutto
32. Cooperative housing schemes became popular in urban areas for:
A) Business
B) Affordable housing
C) Elite investors
D) Banking
33. The basic idea behind cooperatives is to:
A) Maximize profit
B) Ensure collective welfare
C) Centralize authority
D) Enforce laws
34. What major event disrupted cooperatives during World War II?
A) Technological changes
B) Shortages and destruction of networks
C) Overproduction
D) Legal issues
35. The post-war cooperative boom occurred during:
A) 1920s
B) 1950s–1960s
C) 1980s
D) 2000s
36. The Raiffeisen model is still used widely in:
A) Industry
B) Rural credit systems
C) International trade
D) Real estate
37. Which of the following is a modern adaptation of cooperative philosophy?
A) Fair trade movement
B) Capitalism
C) E-commerce
D) Globalization
38. “Cooperatives empower people” is a key belief of:
A) WTO
B) UNHCR
C) ICA and UN
D) NATO
39. Today, cooperative movements are active in how many countries (approximately)?
A) 20
B) 50
C) 100
D) Over 110
40. Cooperatives contribute significantly to achieving:
A) Industrial monopoly
B) Sustainable development goals (SDGs)
C) Political domination
D) Privatization
1. The Rochdale Society of Equitable Pioneers was established in:
A) 1824
B) 1835
C) 1844
D) 1850
2. How many original Rochdale Principles were there?
A) 5
B) 7
C) 9
D) 10
3. Which of the following is NOT one of the original Rochdale Principles?
A) Democratic control
B) Open membership
C) Fixed profit sharing
D) Cash trading
4. The Rochdale pioneers emphasized:
A) Centralization
B) Self-help and mutual aid
C) Maximum profit
D) Private ownership
5. Democratic member control means:
A) One vote per share
B) One member, one vote
C) Voting by wealth
D) Voting by age
6. Voluntary and open membership means:
A) Members must be nominated
B) Only locals can join
C) Anyone can join without discrimination
D) Only farmers can join
7. Economic participation by members means:
A) Members take loans
B) Members invest and share profits
C) Members donate money
D) Members are passive investors
8. Education, training, and information is a principle that:
A) Was added in 1904
B) Ensures informed decision-making
C) Refers to school education
D) Applies only to management
9. Cooperation among cooperatives encourages:
A) Monopoly
B) Isolation
C) Unity and coordination
D) State control
10. Concern for community is a principle added in:
A) 1925
B) 1945
C) 1995
D) 2005
11. The modern set of cooperative principles was revised by ICA in:
A) 1895
B) 1945
C) 1995
D) 2000
12. Rochdale Principles inspired cooperatives in:
A) UK only
B) India only
C) Worldwide
D) USA only
13. Which principle ensures members are treated equally regardless of capital
invested?
A) Capital-based voting
B) Democratic control
C) Hierarchical structure
D) Board nomination
14. The principle of ‘cash trading’ was introduced to avoid:
A) Record-keeping
B) Taxation
C) Bad debts
D) Bank loans
15. Patronage refund means:
A) Salary payment
B) Donation
C) Surplus is returned to members
D) Loss compensation
16. Limited interest on capital means:
A) High profit margins
B) Fixed return on shares
C) Speculative gain
D) Free market pricing
17. One of the Rochdale principles is that surplus must be used for:
A) Management bonuses
B) Member welfare and education
C) Buying assets
D) Stock market
18. Cooperative values include all EXCEPT:
A) Self-help
B) Responsibility
C) Equity
D) Competition
19. Member economic participation implies:
A) Government funding
B) Ownership and benefit sharing
C) Donation model
D) Third-party management
20. The ICA is responsible for:
A) Legal disputes
B) Profits
C) Cooperative principles and policy
D) Stock exchange
21. Transparency in cooperatives is encouraged through:
A) Private accounts
B) Education and democratic control
C) Hierarchical orders
D) Restriction of info
22. Cooperatives differ from corporations because they focus on:
A) Monopoly
B) Members’ welfare
C) Capital gain
D) Shareholder priority
23. Which principle promotes mutual help among societies?
A) Autonomy
B) Cooperation among cooperatives
C) Member control
D) Fair trade
24. “People before profit” relates to:
A) Banks
B) Cooperative values
C) NGOs
D) Firms
25. Member education ensures:
A) Promotion
B) Better participation and leadership
C) Government aid
D) Corporate merger
26. Open membership principle ensures:
A) Exclusion of minorities
B) Profit maximization
C) Non-discrimination
D) Shareholding cap
27. Rochdale's democratic principle is the base for:
A) Public companies
B) Modern cooperative governance
C) Banks
D) Trusts
28. Cooperatives promote:
A) Investor-driven growth
B) Market monopoly
C) Social and economic equality
D) Religious rule
29. One Rochdale rule stated all goods must be sold:
A) On credit
B) Via barter
C) On cash basis only
D) Via government
30. The original Rochdale shop sold:
A) Shoes
B) Electronics
C) Basic food and goods
D) Medicines
31. The principle of autonomy means cooperatives are:
A) Government-run
B) Self-governed
C) NGO-funded
D) Corporate-dependent
32. Which principle safeguards member rights in decision-making?
A) Capital control
B) Hierarchy
C) Democratic member control
D) Board monopoly
33. The principle of education refers to:
A) Schooling
B) Member awareness and skill building
C) Literacy only
D) Free tuition
34. Concern for community means:
A) Charitable work
B) Sustainable development and local welfare
C) Religious work
D) Profit sharing
35. Member loyalty is promoted through:
A) Advertisement
B) Shared ownership and patronage refund
C) Wages
D) Branding
36. Fair distribution of surplus is a part of:
A) Capitalism
B) Communism
C) Cooperative economic participation
D) Corporate finance
37. Member education helps to avoid:
A) Internal democracy
B) Mismanagement and exploitation
C) Political intervention
D) Credit loss
38. Regular elections in cooperatives promote:
A) Stability only
B) Democratic functioning
C) Delay
D) Confusion
39. Autonomy ensures decisions are made by:
A) Government officers
B) The cooperative members
C) Auditors
D) NGOs
40. Cooperative principles were developed to counter:
A) Charity
B) Feudalism
C) Capitalist exploitation
D) Barter trade
