Challenger App

No.1 PSC Learning App

1M+ Downloads
Which among the following is not true about co-operative principles ?

AThe members have the right to be actively involved in setting policies and in making key decisions

BThe members can accept the responsibilities of membership without considering Gender, Social, Racial ,Political or even Religious factors

CCo-operatives provides education and training only for the members

DThe members have the right to get dividend based on capital contribution

Answer:

C. Co-operatives provides education and training only for the members

Read Explanation:

  • Co-operatives do not limit education and training only to members.

  • One of the key co-operative principles is education, training, and information, which extends not only to members but also to employees, elected representatives, and even the public, to help develop a better understanding of co-operatives.

The other statements are true :

  • Members are actively involved in decision-making.

  • Membership is open without discrimination.

  • Dividends are typically based on members' transactions with the co-operative, not just capital contribution.


Related Questions:

Raiffesian started his work in:
A co-operative society is a :
The committee on consumption of credit under the chairmanship of Sri. B.Sivaram is established in :
The largest co-operative movement in the world is in :
The writer's co-operatives was started in the year: