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NATIONAL OPEN UNIVERSITY OF NIGERIA
FACULTY OF AGRICULTURAL SCIENCES
SECOND SEMESTER EXAMINATION OCTOBER/NOVEMBER, 2019

Programme: Agricultural Economics and Extension
Course Title: Principles of Cooperative Practices
Course code: ARD308
Credit Unit: 2
Time Allowed: 2 Hours

INSTRUCTION: Answer compulsory question 1 (25 Marks) and any 3 questions (15 marks each)
Question 1.
(a) Define capitalization. 3marks
(b) Discuss five (5)benefits of Agricultural cooperatives to farmers. 5marks
(c) Explain six (6) characteristics of cooperative leadership 6marks
(d) Explain loan collection techniques? 5marks
(e). Characteristics of a Good Plan 6marks

Question 2.
(a) State seven (7) factors why cooperatives fail 7marks
(b) Discuss the prevention of problem loan 8marks

Question 3.
(a) Discuss the procedures for issuing cooperative loans. 5marks
(b) List five (5) sources of loan to cooperatives 10marks

Question 4.
(a) Describe five (5) reasons why people join cooperatives 7 ½ marks
(b) Discuss the rules and disciplinary measures to prevent high delinquency rates 7½ marks

Question 5.
(a) Define cooperative leadership. 3marks
(b) Discuss how the following outside sources of capital help the cooperatives? 12marks

Question 6.
(a) Describe the following types of cooperatives:
i. Agricultural cooperatives 3marks
ii. Consumers cooperatives 3marks
iii. Multipurpose cooperatives 3marks
iv. Thrift and credit cooperatives 3marks
v. Salary earners cooperatives 3marks