Q. Consider the following statements about International Cooperative Alliance (ICA):
1. International Cooperative Alliance (ICA) was founded in 1895.
2. Later it became a part of UN.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

International Cooperative Alliance (ICA)

International Cooperative Alliance (ICA) was founded in 1895. It is an independent, non-governmental association that unites, represents and serves the co-operatives worldwide. ICA is not a United Nations Organization. However, the ICA enjoys General Consultative Status with the United Nations Economic and Social Council (UN-ECOSOC). ICA has 4 regional offices managing the regions: Africa, Americas, Asia-Pacific and Europe. It is headquartered in Brussels, Belgium. International Co-Operative Alliance Asia and Pacific (ICAAP) and National Cooperative Development Corporation (NCDC) have released a policy recommendation handbook on SAHAKAR PRAGYA Good Practices for Cooperatives. The Handbook is a compendium of guidelines, resources, methodologies, key learning, case studies of the best performing cooperatives in India and abroad and the outcome and impact.

Source: EPIC January 2022

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