MCQs on Role of Cooperative Societies in India’s Economic Development

What is the primary objective of cooperative societies in India?
- A) Profit maximization
- B) Individual gain
- C) Promotion of collective welfare
- D) Expansion of private enterprises
  Answer: C) Promotion of collective welfare
Which of the following acts governs the formation of cooperative societies in India?
- A) Companies Act, 1956
- B) Indian Partnership Act, 1932
- C) Cooperative Societies Act, 1912
- D) Societies Registration Act, 1860
  Answer: C) Cooperative Societies Act, 1912
Which type of cooperative society is primarily aimed at agricultural development?
- A) Consumer cooperative
- B) Producer cooperative
- C) Housing cooperative
- D) Marketing cooperative
  Answer: B) Producer cooperative
What percentage of India’s rural population is estimated to be associated with cooperative societies?
- A) 20%
- B) 50%
- C) 70%
- D) 80%
  Answer: C) 70%
Which of the following is NOT a function of cooperative societies?
- A) Providing credit to members
- B) Promoting self-help among members
- C) Reducing government regulations
- D) Marketing members’ products
  Answer: C) Reducing government regulations
The National Cooperative Development Corporation (NCDC) was established in which year?
- A) 1960
- B) 1962
- C) 1965
- D) 1970
  Answer: B) 1962
What is the primary benefit of cooperative societies for farmers?
- A) Increased competition
- B) Higher prices for crops
- C) Access to cheaper credit and better marketing facilities
- D) Individual ownership
  Answer: C) Access to cheaper credit and better marketing facilities
Which of the following sectors has seen significant growth due to cooperative societies?
- A) Textile industry
- B) Dairy industry
- C) Information technology
- D) Automobile industry
  Answer: B) Dairy industry
The cooperative movement in India gained momentum during which period?
- A) Pre-independence era
- B) Post-independence era
- C) During the Green Revolution
- D) Economic liberalization
  Answer: A) Pre-independence era
Which cooperative society is specifically involved in the distribution of essential commodities?
- A) Dairy cooperative
- B) Consumer cooperative
- C) Producer cooperative
- D) Housing cooperative
  Answer: B) Consumer cooperative
Which of the following is a major challenge faced by cooperative societies in India?
- A) Lack of member participation
- B) Overregulation by the government
- C) High competition from multinational companies
- D) All of the above
  Answer: D) All of the above
Which Indian state has been a pioneer in the cooperative movement?
- A) Uttar Pradesh
- B) Maharashtra
- C) Kerala
- D) Gujarat
  Answer: B) Maharashtra
The term “cooperative federalism” in the context of cooperative societies refers to:
- A) State and central government cooperation
- B) International cooperation among cooperatives
- C) Cooperation among different cooperative societies
- D) None of the above
  Answer: A) State and central government cooperation
Which cooperative society model focuses on collective farming and shared resources?
- A) Producer cooperative
- B) Consumer cooperative
- C) Credit cooperative
- D) Housing cooperative
  Answer: A) Producer cooperative
Which scheme was launched by the Indian government to strengthen the cooperative sector?
- A) Pradhan Mantri Gram Sadak Yojana
- B) National Cooperative Policy
- C) Make in India
- D) Digital India
  Answer: B) National Cooperative Policy
What is the primary role of cooperative banks in India?
- A) Investment in real estate
- B) Providing loans to individuals and farmers
- C) Trading in stocks and shares
- D) None of the above
  Answer: B) Providing loans to individuals and farmers
Which of the following best describes a “self-help group” (SHG)?
- A) A type of cooperative society
- B) A non-governmental organization
- C) A group that promotes individual businesses
- D) A society that operates independently of cooperatives
  Answer: A) A type of cooperative society
The Cooperative Marketing Federation of India is associated with which sector?
- A) Industrial goods
- B) Agricultural products
- C) Consumer goods
- D) Services
  Answer: B) Agricultural products
Which of the following cooperative societies is aimed at providing affordable housing?
- A) Dairy cooperative
- B) Housing cooperative
- C) Consumer cooperative
- D) Agricultural cooperative
  Answer: B) Housing cooperative
Which organization is responsible for the registration of cooperative societies at the national level?
- A) Ministry of Finance
- B) Ministry of Home Affairs
- C) Ministry of Agriculture
- D) National Cooperative Development Corporation
  Answer: C) Ministry of Agriculture
What role do women’s cooperatives play in India?
- A) Exclusion from economic activities
- B) Empowerment and economic independence
- C) Reducing the workforce
- D) None of the above
  Answer: B) Empowerment and economic independence
Which of the following is a limitation of cooperative societies in India?
- A) Lack of transparency
- B) High member satisfaction
- C) Strong government support
- D) None of the above
  Answer: A) Lack of transparency
What is the significance of the “One District One Product” initiative?
- A) To promote multinational companies
- B) To encourage local products and cooperatives
- C) To reduce the number of cooperatives
- D) None of the above
  Answer: B) To encourage local products and cooperatives
Which of the following is a major advantage of cooperative societies over traditional businesses?
- A) Higher profit margins
- B) Greater member control and involvement
- C) Less competition
- D) None of the above
  Answer: B) Greater member control and involvement
Which cooperative movement in India focuses specifically on the dairy industry?
- A) Anand Model
- B) Amul Model
- C) Kaira District Cooperative Milk Producers Union
- D) All of the above
  Answer: D) All of the above
Which of the following is a feature of cooperative societies?
- A) One member, one vote
- B) Profit distribution based on shareholding
- C) Unlimited liability
- D) None of the above
  Answer: A) One member, one vote
What is the primary source of funding for cooperative societies?
- A) Government grants
- B) Member contributions and savings
- C) Foreign investments
- D) Bank loans only
  Answer: B) Member contributions and savings
Which of the following is NOT a type of cooperative society?
- A) Agricultural cooperative
- B) Consumer cooperative
- C) Investor cooperative
- D) Credit cooperative
  Answer: C) Investor cooperative
The success of cooperatives is often measured by:
- A) Profit generated
- B) Member satisfaction and participation
- C) Market share
- D) Global reach
  Answer: B) Member satisfaction and participation
What is the impact of cooperative societies on rural employment in India?
- A) Reduction in employment opportunities
- B) Creation of jobs and self-employment
- C) Shift of employment to urban areas
- D) None of the above
  Answer: B) Creation of jobs and self-employment

These questions cover various aspects of the role of cooperative societies in India’s economic development, providing a comprehensive set for the Civil Services Examination.

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