Cop 111 - Introduction To Cooperatives

21 Questions | Total Attempts: 246

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Introduction Quizzes & Trivia

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Questions and Answers
  • 1. 
    Type in your Matric No. and Password
  • 2. 
    ……………..Cooperative are mostly formed by a number of primarily Co-operatives
    • A. 

      Tertiary

    • B. 

      Secondary

    • C. 

      Group

    • D. 

      None of the above

  • 3. 
     A……... can be refereed to as any coming together of primary co-operatives to form another common body.
    • A. 

      Cooperative society

    • B. 

      None of these is similar

    • C. 

      Team

    • D. 

      Union

  • 4. 
    An apex co-operative is the same thing as functionally specialized national ………………..
    • A. 

      Society

    • B. 

      Cooperative society

    • C. 

      Body

    • D. 

      Cooperative

  • 5. 
    A single purpose Co-operative example is ………….. Cooperative
    • A. 

      Farming

    • B. 

      Marketing

    • C. 

      Agricultural

    • D. 

      None is correct

  • 6. 
    A …………….. Cooperative society is the cooperative where members make all the decisions and management is to execute only.
    • A. 

      Traditional

    • B. 

      Cooperative society

    • C. 

      Cooperative society

    • D. 

      None of the above

  • 7. 
    ………………………...are societies that serve the function of multi or many purposes designed for the benefit of the numbers
    • A. 

      Traditional cooperative societies

    • B. 

      Single cooperative societies

    • C. 

      Co-operatives Multipurpose Societies

    • D. 

      Tertiary cooperative societies

  • 8. 
    In ………… cooperative society each member has his own farmland
    • A. 

      Consumers Co-operatives Societies

    • B. 

      Traditional Co-operatives Societies

    • C. 

      Group farmers soieties

    • D. 

      Agricultural Co-operatives Societies

  • 9. 
    A Co-operative Investment and Credit Society is a variation of Co-operatives ………………………………society.
    • A. 

      Investment and Credit Societies

    • B. 

      Thrift and Credit Society

    • C. 

      Savings & loans

    • D. 

      Savings & credit

  • 10. 
    ………………..who are so interested can form a building Co-operative Society
    • A. 

      Members

    • B. 

      Society

    • C. 

      People

    • D. 

      Individual

  • 11. 
    ……………….. Cooperative society main purpose is getting clothing materials, which have been bought in bulk by the society.
    • A. 

      Tailors Co-operatives Societies

    • B. 

      Artisans Co-operatives Societies

    • C. 

      Designers Co-operatives Societies

    • D. 

      None of the above

  • 12. 
    …………. reasons constitute the major motive why people join or form Cooperative
    • A. 

      Individual

    • B. 

      Economic

    • C. 

      Personal

    • D. 

      None of the above

  • 13. 
    Government giving loans to the co-operatives are common in ………….
    • A. 

      Nigeria

    • B. 

      Among the Yoruba's

    • C. 

      Igbo's

    • D. 

      Hausa's

  • 14. 
    In the free ………. economy any organization that fails to adapt will perish.
    • A. 

      Imperfect

    • B. 

      Currupt

    • C. 

      Perfect

    • D. 

      Market

  • 15. 
    The small producer or marketer will not be accepted as…………. for business transactions by the big final user
    • A. 

      Partners

    • B. 

      Group

    • C. 

      Members

    • D. 

      Question is wrong

  • 16. 
    In the case of the ……. Co-operatives, reduced prices can be obtained for members through the activities of the co-operative.
    • A. 

      Marketing

    • B. 

      Demand

    • C. 

      Demand & Supply

    • D. 

      Supply

  • 17. 
    The Co-operative is thus established to…………….the interest of the members.
    • A. 

      Interacts

    • B. 

      Promote

    • C. 

      Motivate

    • D. 

      Examined

  • 18. 
    Access to essential commodities, credit, inputs etc. is made conditional upon …………...
    • A. 

      Ideologies

    • B. 

      Incomes

    • C. 

      Ownership

    • D. 

      Membership

  • 19. 
    The desire to join Co-operatives may also be to obey customs or ………………
    • A. 

      Traditions

    • B. 

      Customary

    • C. 

      Immigrations

    • D. 

      Cultures

  • 20. 
    Money from ………………….. easily regarded as National cake and needs not to be paid
    • A. 

      Cooperatives

    • B. 

      Private Bodies

    • C. 

      Non governmental bodies

    • D. 

      Government

  • 21. 
    Normadic life style is characterized by constant movement of family, homestead and economy of the ………………
    • A. 

      Government

    • B. 

      Economy

    • C. 

      Producer

    • D. 

      None of these makes sense

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