Q.The word 'co-operation' is derived from two Latin words meaning: (A) 'money' and 'trade'
(B) 'together' and 'to work'
(C) 'people' and 'society'
(D) 'help' and 'profit'

The word 'co-operation' comes from the Latin 'co' (together) and 'operari' (to work), literally meaning 'to work together'. In economic terms, co-operation is a form of business organisation in which people who share a common economic need voluntarily join together, on the basis of equality, pool their small resources, register a society under the law, manage it democratically on the principle of 'one member, one vote', and work for their mutual benefit with a service (not profit) motive — captured in the motto 'each for all and all for each'. Its guiding principle is 'self-help through mutual help': individually weak people improve their own condition by their own united effort. Standard definitions by H. Calvert (voluntary association of equals for their economic interest), the International Labour Organisation (an association of persons of limited means, voluntarily joined for a common economic end through a democratically controlled business, contributing capital equitably and sharing risks and benefits fairly), and Sir Horace Plunkett ('self-help made effective by organisation') all express this same central idea.