ICA has the authority to make changes in Co-operative Principles in which years?
A1990, 2000, 2010
B1937, 1966, 1995
C1860, 1937, 1966
D1954, 1972, 1995
Answer:
B. 1937, 1966, 1995
Read Explanation:
The International Co-operative Alliance (ICA) has revised the co-operative principles at key points in history to reflect evolving co-operative practices worldwide:
1937 – First major reformulation of the principles after the original Rochdale principles.
1966 – Further refinement and clarification to adapt to modern co-operatives.
1995 – Comprehensive update, emphasizing education, concern for community, and universal applicability.