Demonetisation In India Cooperative Society(Commerce ) Questions and Answers

Question 1. What is the nickname for the Sepoy Rebellion? (from the Indian perspective)
  1.    An unfair mutiny
  2.    The First War of Independence
  3.    Sepoy Mutiny
  4.    Aggressive independence
Explanation:-
Answer: Option B. -> The First War of Independence
Question 2. What was the immediate cause of the Sepoy Rebellion?
  1.    Indian oppression of the British
  2.    The Indians were protesting taxes
  3.    The gun cartridges were greased with animal fat
  4.    The British taxed salt 
Explanation:-
Answer: Option C. -> The gun cartridges were greased with animal fat
Question 3. Select ALL of the advantages to cooperative learning?
  1.    Experiences that develop good learning and social skills.
  2.    Students will be upset with having to work.
  3.    Building positive relationships with students.
  4.    Provide individual attention and assistance to one another.
Explanation:-
Answer: Option C. -> Building positive relationships with students.
Question 4. True or False: Cooperative Learning can encourage student-centered learning
  1.    True
  2.    False
Explanation:-
Answer: Option A. -> True
Question 5. To form cooperative society, at least _______ adult persons' consent is required
  1.    2
  2.    5
  3.    7
  4.    10
Explanation:-
Answer: Option D. -> 10
Question 6. Cooperative society has separate legal entity
  1.    Society can enter into contracts in its own name
  2.    Can not hold property in its name
  3.    Can sue and be sued by others
  4.    Continue life of society
Explanation:-
Answer: Option B. -> Can not hold property in its name
Question 7. Voluntary membership of cooperative society means a person:
  1.    (a) Free to join
  2.    (b) Can leave any time
  3.    (c) Both (a) and (b)
  4.    (d) Only option (a) is correct
Explanation:-
Answer: Option C. -> (c) Both (a) and (b)
Question 8. Liability of the members of cooperative society is:
  1.    Un-limited
  2.    Limited
  3.    At least one member should have un-limited
  4.    None of these
Explanation:-
Answer: Option B. -> Limited
Question 9. Labourers worked for the lord of the manor
  1.    Money and housing
  2.    Food and protection
  3.    Food and housing
  4.    Housing and land
Explanation:-
Answer: Option D. -> Housing and land
Question 10. The term sovereign means
  1.    to be politically aware subjects under the king.
  2.    to be able to act independently without outside interference
Explanation:-
Answer: Option B. -> to be able to act independently without outside interference
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