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10th Annual World Cooperative Monitor Report 2021

Published on December 04, 2021
Current Context: The 10th Annual World Cooperative Monitor (WCM) report was released by the International Cooperative Alliance (ICA) and the European Research Institute on Cooperative and Social Enterprises (Euricse).
10th Annual World Cooperative Monitor Report 2021
  • As per the report, Indian Farmers Fertiliser Cooperative Limited (IFFCO) was ranked as 'number one Cooperative' among the top 300 cooperatives in the world. It has held the same position as last year.
  • The ranking was made as per the ratio of turnover over the GDP per capita.
  • Therefore, IFFCO is contributing significantly to the GDP and economic growth of India
  • The WCM report helps us to know robust, economic, and organizational cooperatives in the world
  • In the overall ranking, IFFCO is ranked at 60th position in the 2021 report of WCM.
  • Static Part: 
    • HQ of IFFCO: New Delhi

Question: 

Ques: 1: Which company ranked 'number one Cooperative' among the top 300 cooperatives in the world in the 10th Annual World Cooperative Monitor (WCM) report for 2021?
a. National Bank for Agriculture and Rural Development
b. Indian Farmers Fertiliser Cooperative Limited
c. Food Corporation of India
d. National Cooperative Development Corporation

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