Which of the following statements about the International Day of Cooperatives is are correct 1 ...........

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Which of the following statements about the International Day of Cooperatives is/ are correct?

1. The International Day of Cooperatives is observed every year on 7th July.

2. The 2018 theme of the Day was ‘Sustainable societies through cooperation’.

3. It is observe to mark the centenary of establishment of the International Cooperative Alliance (ICA).

Select the correct answer using the codes given below

1 and 2

2 Only

2 and 3

1, 2 and 3

Explanation:

Third option is correct.

The International Day of Cooperatives (IDC) was observed on July 7 (first Saturday of July) across the world to promote co-operative model as it contains core aspects of sustainable development and is based on ethical values and principles.

The 2018 theme of the Day was ‘Sustainable societies through cooperation’, aimed at creating sustainable societies through cooperation.

It was proclaimed as first Saturday of July by United Nations General Assembly (UNGA) to mark the centenary of establishment of the International Cooperative Alliance (ICA). Hence, only the first statement is incorrect as it is observed every year on first Saturday of July and not July 7th.