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21 . The Brighton Cooperative Benevolent Association and the Cooperative Trading Association was formed by
A. C.R. Fay
B. Robert Owen
C. Dr. William King
D. Rochdale Pioneers

22 . The “Rochdale Friendly Cooperative Society” was formed in
A. 1530 B. 1630
C. 1730 D. 1830

23 . ______________ is based on the principle of self interest, maximization of profits and exploitation.
A. socialism B. capitalism
C. co-operation D. trade unionism

24 . __________ is based on the principle of self-help through mutual help, abolition of profits and service above self help.
A. socialism B. capitalism
C. co-operation D. trade unionism

25 . In ________ form of business organization profit earning is the fundamental motive.
A. trade unionism B. co-operation
C. capitalism D. socialism




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