Multiple Choice Questions on Co operative movement originated first in ........ for IBPS (PO/SO) Preparation

Cooperative Societies Act

Professional Legal Knowledge IBPS (PO/SO)

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Study Notes

    Co-operative movement originated first in

    Germany

    Incorrect Answer

    England

    Correct Answer

    France

    Incorrect Answer

    Spain

    Incorrect Answer
    Explanation:

    Correct Option: 2
    The co-operative movement originated first in England in the early 19th century. It was initiated as a response to the harsh conditions of industrialization, where workers faced exploitation. The first successful co-operative, the Rochdale Society of Equitable Pioneers, was established in 1844 in Rochdale, England. They implemented a model based on democratic management, profit-sharing, and mutual aid, which became the foundation for co-operatives worldwide. This movement spread across the world and formed the basis for modern co-operatives. Therefore, the correct answer is Option 2: England.


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