Question

Co-operative Principles are formed on the basis of:

• A. Political theories
• B. Experience gained in running co-operative societies in various countries
• C. Educational institutions
• D. Legal requirement

Answer 1

Answer:

B. Experience gained in running co-operative societies in various countries

Co-operative Principles are derived from practical experience of running cooperatives across different countries. They are not based on political ideologies or purely legal frameworks, but on lessons learned from successful cooperative operations, such as the Rochdale Pioneers. These principles ensure that cooperatives are member-oriented, democratic, and sustainable, focusing on mutual benefit and community welfare.