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SSC CGL 2025 PYQ — Question 30

SSC CGL - 12 Sep 2025 - Shift 1 • General Awareness • Q30

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Which statement accurately defines industries in the cooperative sector?

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Correct answer: C

Explanation

The correct answer is option 3 i.e. Owned by workers or suppliers sharing profits and losses.

Industries in the cooperative sector are collectively owned and managed by their members, such as workers, producers, or suppliers. Profits and losses are shared among them, and decisions are made democratically, focusing on mutual benefit rather than individual profit.

  • “Industries owned and managed by private individuals to maximize profit” – This describes the private sector, not cooperatives.

  • “Industries owned and operated by the government for public welfare” – Refers to the public sector.

  • “Maintained by foreign companies with Indian partnerships” – Describes joint ventures, unrelated to cooperatives.

The cooperative sector emphasizes shared ownership, collective decision-making, and equitable profit distribution.