GENERAL KNOWLEDGE

Detailed explanation-1: -The largest employee-owned company in the UK is the John Lewis Partnership.

Detailed explanation-2: -In 1844 the Rochdale Pioneers founded the modern Co-operative Movement in Lancashire, England, to provide an affordable alternative to poor-quality and adulterated food and provisions, using any surplus to benefit the community.

Detailed explanation-3: -In 1844 a group of 28 artisans working in the cotton mills in the town of Rochdale, in the north of England established the first modern cooperative business, the Rochdale Equitable Pioneers Society, also known as the Rochdale Pioneers.

Detailed explanation-4: -IFFCO is the biggest cooperative in the world by turnover on GDP per capita. It was founded on 3 November 1967 IFFCO is India’s largest fertiliser manufacturer. IFFCO reaches over 50 million Indian farmers, with around 35, 000 member cooperatives.