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WorksheetsF1 Agricultural Co-operatives Quiz
Total questions: 10
Worksheet time: 5mins
What is a co-operative?
A type of government organization
A registered organization of people working together
A business owned by one person
A charity organization
What is the minimum number of members required to form a co-operative?
5
10
15
20
What principle allows all members to join a co-operative?
Restricted membership
Limited membership
Closed membership
Open membership
What does democracy in a co-operative mean?
Voting is not allowed
Members vote only once a year
All members have equal voting rights
Only the leaders vote
How do members receive dividends in a co-operative?
Based on their age
According to the number of shares owned
By random selection
Only if they attend meetings
What type of co-operative involves members growing crops together?
Banking co-operative
Production co-operative
Marketing co-operative
Buying co-operative
What is a buying co-operative?
Members sell produce together
Members save money together
Members sell inputs at reduced prices
Members grow crops together
What is the purpose of a marketing co-operative?
To train members in management
To provide loans to members
To sell produce as a group
To buy seeds in bulk
What do members of a banking co-operative do?
Sell produce at markets
Save money and avail loans
Buy farming equipment
Grow crops together
What is necessary for members to run a co-operative professionally?
Experience in farming
Membership fees
Training on management
High school education
