Exercises · Q1
Q.Which of the following bodies frames and maintains the internationally accepted principles of co-operation?
(a) The managing committee of each society
(b) The International Co-operative Alliance (ICA)
(c) The general body of members
(d) The state government
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✓ Free question
The principles of co-operation are meant to be a universal standard applying to co-operatives in every country, so they must be framed by a body that represents the whole global movement.
Option-by-option analysis:
- (a) The managing committee of each society — incorrect. A managing committee only runs the day-to-day affairs of its own society; it cannot frame principles binding on the whole world movement.
- (b) The International Co-operative Alliance (ICA) — correct. The ICA is the global apex body of the co-operative movement; it framed and, in its 1995 statement on the co-operative identity, re-stated the seven principles that co-operatives worldwide accept.
- (c) The general body of members — incorrect. The general body is supreme within a single society, but its authority does not extend to setting universal principles.
- (d) The state government — incorrect. Government registers and regulates co-operatives under law, but does not frame the movement's own principles.
✓Final answer
Option (b) — the International Co-operative Alliance (ICA) — is correct.
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