Exam 1: International Co-Operative Alliance and Co-Operative Principles

…………. is a voluntary and democratic association of human beings, based on equality of control, opportunity, distribution and mutuality for the promotion of their common interests as producers or consumers.

. …………….is based on the principle of self interest, maximization of profits and exploitation.

…………is based on the principle of self-help through mutual help, abolition of profits and service above self help.

The International Co-operative Alliance revised the co-operative principles for the third time in its Manchester Congress in ………….

…………………has been compared to a "State within A State"

In ……………….form of business organization profit earning is the fundamental motive.

The …………… presides over the General assembly and Board of ICA.

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The principles of 'Voluntary Association' and Democratic Management' are the guidelines for ……………….

In …………. the state is supreme, while in …………… the individual freedom occupies the front position.

…………….plays an equalizing role as a welfare factor in a capitalistic economy.

The I.C.A appointed a Commission in …………………. to ascertain how far the principles of the Rochdale as defined by I.C.A in 1937 are observed today and the reasons for any non-observance.

…………… serves as an organizational instrument for the economically weaker producers-farmers, artisans or workers and consumers for strengthening themselves and protecting themselves against the exploitation by the stronger.

The International Co-operative Alliance appointed a sub-committee in ………. for the first reformulation of Principles of Co-operative Sector.

The word ………… literally means to work together or act together.

The Cooperative Credit Societies Act was passed in………

In……………. each works for all and all work for each.

The …………is the Chief Executive Officer of the ICA.

For the second reformulation of Principles of Co-operative Sector, The International Cooperative Alliance appointed a sub-committee in ……………

International Cooperative Alliance was founded by the International Cooperative Congress held in London in ……………