CRD101
Question: In cooperative business model, the owners have double , that is, the members of the cooperative society are the owners of their business and they are equally the users of the cooperative business
Answer: identity
Question: Membership of cooperatives should be and
Answer: voluntary and open
Question: in August 1937, the Cooperative Cocoa Sales Society became the first primary society to be registered
Answer: Gbedum
Question: Charles Fourier was died in the year
Answer: 1837
Question: co-operatives are democratic organizations controlled by their
Answer: members
Question: By 1943, the First Co-operative Training Institute in the Western part of the country, the Federal Co-operative College, was established in —
Answer: Ibadan
Question: Industrial Revolution. in modem history, the process of change from an agrarian and handicraft economy to one dominated by industry and
Answer: mechanical machine
Question: cooperative societies are considered to be business organization with primary objective of promoting their members well-being through collective owned
Answer: enterprise
Question: Industrial Revolution process began in Britain in the century
Answer: 17th
Question: Patronage Refund principle encourages members to patronize the cooperative shop as refund payments were given to members based on the volume of their
Answer:purchases
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