Challenger App

No.1 PSC Learning App

1M+ Downloads
Why is the Co-operative Commonwealth considered utopian?

AIt focuses on profit

BDifficult to implement large-scale systems

CIt encourages private monopolies

DIt supports only local societies

Answer:

B. Difficult to implement large-scale systems

Read Explanation:

Managing large industries, banks, and finance on co-operative principles is very difficult in practice.


Related Questions:

What is the ICA motto?
ICA launched its new logo during:
What was the theme of the 33rd World Co-operative Congress 2021?
Which Indian cooperative society secured ICA membership in May 2025?
Who controls the means of production and distribution in a socialist economy?