Q1 The World Council of Credit Unions is the global trade association and development agency for __unions.
Q2 The Nigerian Agricultural Co-operative Marketing Organization was established as a national co-operative apex in
Q3 Members of Secondary Cooperative Societies are bodies or primary cooperative societies.
Q4 Primary Cooperatives Societies membership is made up of who share similar aims hopes and aspirations.
Q5 The organizational structure of cooperation is a _-tier system with the mother union at the apex and primary societies at the base.
Q6 The next tier in the pyramid consists of co-operative unions also known as societies
Q7 The range of business of primary societies varies from purpose co-operative societies engaging in, for example retail trading, to multiple purpose combining etc.
Q8 The organization of the co-operation movement is in which form a pyramid shaped structure.
Q9 Roles exist in both self-help organization and co-operation.
Q10 The process of registration of a co-operative is more rigorous than that of _organisation.
Q11 Members who so desire are also free to as long as they fulfill all agreements to the business.
Q12 Cooperative is voluntary; the decision to join in co-operative is freely made by the
Q13 The co-operative is controlled by by taking major decisions affecting the business.
Q14 In cooperative, the capital invested in the business is for members who have taken the risks of
Q15 The members of the traditional cooperatives usually make demand for particular services and management must comply with the decision to execute only.
Q16 Traditional cooperative refers only to the historical cooperatives models such as the
Q17 In cooperatives the rules and modes of actions of working together is different from one __to another.
Q18 The is the main tenet of modern acts of cooperative.
Q19 The cooperative actions of __cooperative are based on voluntary agreements by the individual actions.
Q20 The Modern cooperative was developed from the cooperative forms of cooperative.
Q21 In 1953, the Co-operative Bank Plc was established by the Movement to provide for financial needs of members of Co-operative Societies in Nigeria.
Q22 The initial achievement of the on Co-operatives was the promulgation Co-operative Laws and the Co-operative Regulations
Q23 The Colonial masters, with the formulation and enactment of cooperative legislation in __based on the report of Mr. F.F. Strickland’s stated that cooperative will thrive in Nigeria.
Q24 In Nigeria when Agege Planters Union made up of cocoa producers, this union was not immediately recognized by the they did not relent on their efforts.
Q25 The failure of cooperatives in India is mainly attributable to: dormant and lack of active participation of members in the management of cooperatives.
Q26 Co-operation started in __as a result of untold suffering which the money-lenders inflicted upon the general populace between 1860 and 1880.
Q27 The experience gained in the working of cooperatives led to the enactment of Cooperative Credit Societies Act
Q28 The cooperative movement in __owes its origin to agriculture and allied sectors.
Q29 The agricultural cooperatives identified several aspects of their _as their strengths such as identified customer relations, work force quality, etc.
Q30 The degree of success of cooperatives was independent of their membership policy.
Q31 Cooperatives were less efficient than opt to liquidate or merge
and that their relative inefficiency was due to the inherent in their property rights structure.
Q32 Cooperative principles and practices placed constraints on growth.
Q33 Training and
for cooperative board members, management, & employees were
considered as the most important and necessary services for success of
cooperatives.
Q34 The cooperative faced various difficulties during their formation stages as well as during current operations.
Q35 The common problem among and underscores the need for agricultural business oriented training and education for members.
Q36 The problems faced by the agricultural cooperatives may be a/an _way to prepare cooperative farmers etc.
Q37 _problem is refers to as another equity acquisition problem from the cooperative’s perspective.
Q38 Both internal and external free-rider problems are often associated with __cooperatives.
Q39 The absence of an equity market for cooperative shares means that
members are not able to monitor their cooperative’s value or evaluate
managers’
Q40 Modern agricultural cooperatives need considerable amounts of
Q41 As early as 1847, irrigation associations were formed in Utah and California.
Q42 The American Agricultural Marketing Association (AAMA) was incorporated in January
Q43 The Marketing Agreements Act of 1937 enabled farmers to vote-in marketing orders aimed at facilitating the milk, fruits and vegetables, among other commodities.
Q44 marketing cooperatives are organized for the collective marketing of members’ produce.
Q45 In United State of America marketing cooperatives are becoming
more vertically integrated by increasing their ownership and control of
facilities beyond the first level.
Q46 In 1871, the Chicago Co-operative Association served some of the economic needs of several small printers.
Q47 Generally speaking, farmer cooperatives are still rather small business undertakings compared with they buy from and sell.
Q48 In US, the co-operative idea re-established itself as costs rose faster than prices, programs became disillusioning, and new farmer leadership emerged.
Q49 The values of farmers’ acquisitions of supplies and equipment
through cooperatives have also increased at a faster rate than
expenditures for supplies and equipment of all
Q50 Agricultural credit cooperatives in the United State consist of
land bank associations, rural credit unions, production credit
association, banks for cooperatives and agricultural credit corporation,
Q51 In in Ohio, cooperative livestock shipping associations and farmers’ mutual insurance groups were organized.
Q52 In US, cooperatives agricultural credit corporations are found in cotton, livestock, poultry and fruit and vegetable among others.
Q53 In US, farmer cooperative contribute to the material and prosperity of agriculture as well as to the total national economy.
Q54 In US, as
becomes more specialized and in need of greater services, both for
input and output, it appears that cooperatives could help fill some of
these needs.
Q55 About 1810, two cooperatives were formed which are thought to be the first formal farmers’ associations organized in the United States.
Q56 One of the cooperatives idea in USA is an essay contests and other activities dealing with cooperatives.
Q57 In USA the federal government enabled farmers to procure term credit cooperatively government themselves were provided a co-operative banking system.
Q58 In US, in the earlier years, farmers were satisfied with organizing local handling, processing and association.
Q59 In US, the number of agricultural marketing cooperatives has declined as many associations have . and smaller ones liquidated.
Q60 The development of credit unions began in in Manchester, New Hampshire, with the organization of a credit union with Roman Catholic parishioners.
Q61 In Sweeden, by the 1930’s, the combination of the Great Depression
and crop ……………. resultedin an agricultural crisis as prices hit all
time lows.
Q62 British consumer co-operatives were developed
within the British Empire, particularly in its colonies and
state-sponsored with varying degrees of government involvement.
Q63 The cooperative movement also resulted in a
series of co-op stores known as Brugsen, which were under the
administration of the The …….. Consumers Co-operative Society.
Q64 The colonists, upon arriving in America, attempted some forms of communal or collective……………………….
Q65 In order to get egg-producers interested in the
egg trade, it was not enough to ask them to improve the quality of eggs
sold to ………………….
Q66 In essence, cooperatives provided market access
to a small farmer, who on his own had a negligible bargaining position
and who otherwise, would not be able to market his produce.
Q67 The ……………... on market competition in Sweden are laid out in the Swedish Competition Act (SCA).
Q68 The constitution of the …………………. cooperative stipulates that members must for a fixed period, originally up to ten years.
Q69 In United State member capital contributions are
linked to product delivery …………….which attain value and can be
transferred, and membership is closed or restricted.
Q70 The cooperatives gained strength under Sweden’s
protective agricultural …………….. that stimulated both agriculture and
cooperation.
Q71 In Denmark, the common house is used for common ……………., common washing machines, meetings and fests.
Q72 In 1794, cordwainers in Baltimore, Maryland,
organized a co-op boot and shoe factory which was the forerunner of what
are now called ………….. productive cooperative.
Q73 In Denark, the first cooperative abattoir was formed in ……………….
Q74 The Swedish Competition Act provides exemption
for cooperative associations as long as they abide by the following
rules and the cooperative has the ……. form of an association.
Q75 In 1752, Benjamin Franklin became perhaps the
first American cooperator with the organization of a mutual ……………….
cooperative etc.
Q76 Living in ………………... groups with a common ground and common house is relatively common in Denmark.
Q77 British consumer co-operatives benefited from imperial patterns of ………………
Q78 As Denmark exported a significant portion of eggs
to Great Britain, there were many middlemen between the hen and the
English ……………...
Q79 In Britain the ideas of co-operatives assist
imperial development agency functions came from influential figures
rather than from the ……………. Co-operative Movement.
Q80 The cooperative ownership model for wind mills was developed in……………………
Q81 Co-operation started in India as a result of
untold suffering which the money-lenders inflicted upon the general
populace between 1860 and …….
Q82 Agricultural cooperatives are considered to be important social and economic units aimed at developing …………….
Q83 Another reason for joining a cooperatives is to
exchange ………. by sharing experience on how they could produce the best
quality cocoa.
Q84 In 1919 Plunkett created the …………... Foundation
which became an international organisation for the promotion of
agricultural co-operatives.
Q85 In 1937, ………. Co-operative Produce Marketing
Society became the first Co-operative Society to be the first Registrar
of Co-operative Societies in Nigeria.
Q86 The Office of Indian Affairs in the U.S.
Department of the ……………...is responsible for a creditprogram for Indian
cooperatives.
Q87 In Denmark, farmers, members of the cooperative,
elected the board of directors who appointed the ……... manager, usually a
specialist in the field.
Q88 The ……... with the formulation and enactment of
cooperative legislation in 1935 based on the report of Mr. F.F.
Strickland’s stated that cooperative will thrive in Nigeria.
Q89 In Denmark, cooperatives were governed in a
democratic way, usually each member had one vote, irrespective of the
number of …….. he possessed.
Q90 One of the reason for joining cooperatives was to
pool resources together so that they could purchase ………...of production
at reduced prices etc.
Q91 In Denmark, the changed in the enclosure movement which aimed to reunite fields and award them to one ………... only.
Q92 In the United States, there are approximately
800,000 Indians, and they own more than…… million acres of land,
although a substantial part is not fertile land.
Q93 About 90% of all farming soil in …………………. was
cooperative from 1300, as the Black Death depopulated the rural parts of
the country.
Q94 The initial achievement of the government on
Co-operatives was the promulgation Co-operative Laws and the
Co-operative ……………..
Q95 The few agricultural co-operatives that formed in the late 19th century suffered unfavourable patterns of …………..
Q96 The Co-operative Movement of Sweden is so
organized today that manufacturing, and …………………... of essential goods
are under its control.
Q97 British agriculture comprised comparatively …………..-scale farmers who formed “a fairly efficient economic unit.”
Q98 Since the inception of Co-operatives in Nigeria,
……………. had been playing prominent and laudable roles in its development
and spread.
Q99 Co-operative has spread all over Nigeria but they are more prominent in the …………….parts of the country with various types.
Q100 The African Confederation of Co-operative Savings and Credit Association was founded on 12th September, ………..
Q101 Cooperative has evolved from a ……..-oriented
institution to a more formalized business-oriented organization serving
economic rather than spiritual needs.
Q102 In 1839 there was a serious slump in trade, leading to a steep ………………... in unemployment, accompanied by a bad harvest.
Q103 …………... Is an instrumental lawyer in organizing credit cooperative for small businessmen and craftsmen.
Q104 The Gilds developed and originated from Roman
industrial colleges when Swiss dairymen were reported to have made
cheese cooperative and anticipated the modern …………. Cooperatives.
Q105 Unlike in the ………….., a Danish farmer was the
owner of his land, and no assistance was given to him to cover for the
losses, he was left to his own mercy.
Q106 The cooperative craftsmen organization called ……………... which appeared as early as the beginning of old Roman history.
Q107 Cooperative Forbundet conducts study groups by correspondence whereby people learn without a/an ………………. teacher.
Q108 Degler (1970) and Roy (1981) were of the same
opinion that the ………………. of Jesus Christ constituted significant event
in the world history.
Q109 In …………………. the government adopted legislation concerning cooperatives in 1895.
Q110 ………………………... appealed to the well –to-do of the community for financial assistance but charity was merely a stop-gap.
Q111 Roy (1981) noted that between 3000 to …... BC,
some agricultural lease had cooperative features history and documents
indicating that the tenants famers in cooperatives, etc.
Q112 The origin of Rochadale Society began operating
in 1844, it was not until ……... that the British Parliament passed the
industrial and provisdent Societies Act.
Q113 The first Swedish farm cooperative was formed in …………………....
Q114 The Roman ……………... consisted of craftsmen and plantation agriculture known as latifindal were dominant.
Q115 The …………..agricultural societies and grange
associations spawned local farmers’ cooperatives which purchased farm
inputs and marketed members’ crops.
Q116 In the early christian era the nature of development was Artisan societies with …………….. benefits.
Q117 The origins of the …………. cooperative movement
are linked to rural population that had learned about democracy and
democratic responsibility at the folk high schools.
Q118 William King was a student of history and economics in his college days and at the same time a ……………….
Q119 Hungry Forties is a period in the early …………...
when Britain experienced an economic depression, causing much misery
among the poor.
Q120 The evolution and growth of cooperation can be
traced down to Ancient Egyptian Era between 3100 to …………... as the main
period of development.