Cooperative Companies

Q. The Tamil Nadu government runs a Free School ______ programme in the state.

1. Lunch
2. Uniform
3. Books
4. Breakfast

Q. AMUL is managed collectively by the farmers of _____.

1. Karnataka
2. Kerala
3. Gujarat
4. Tamil Nadu

Q. Which of the following is not a way through which the government supports cooperatives?

1. By providing loans.
2. By organising fairs.
3. By providing labourers.
4. By offering to buy products.

Q. Select the option(s) that represent a problem that can be solved by the formation of a cooperative.

1. Exploitation by the rich and powerful
2. Unequal distribution of profits
3. Low wages
4. All of these

Q. 300 of the largest cooperatives in the world together are doing business worth ______.

1. $1100 billion
2. $2200 billion
3. $3300 billion
4. $4400 billion

Q. Antyodya credit corporation is one the largest credit societies in Tamil Nadu. It grants loans to its members who are most in need of aid. It conducts elections amongst its members to choose its office bearers. The society has a state government representative to supervise its functioning. The profits earned by the society are equally shared by all members annually. What type of a society is Antyodya credit corporation.

1. A bank
2. Non-banking financial institution
3. Private company
4. Cooperative society

Q. A is an independent association of a group of people to form a jointly owned company.

1. cooperative
2. cartel
3. monopoly

Q. Select the option(s) that represents the way of functioning of a cooperative society ?

1. Equal sharing of profits
2. Supervision by government representatives.
3. Conduction of free and fair elections to elect representatives
4. Joint ownership of society by all members

Q. A cooperative is run like a ______.

1. democracy
2. monarchy
3. oligarchy
4. anarchy