First cooperative movement in India initiated in which field
(A) Agricultural credit
(B) Farming activities
(C) Consumer cooperation
(D) Agricultural marketing
Correct Answer : Agricultural credit
Question Asked : Bihar Police Sub Inspector Prelims Exam 2018
The field of agricultural credit the first cooperative movement in India was initiated because Landers started not giving any loans to the Agriculturalists. Consequently, in State of Baroda, an 'Anyonya Sahakari Mandali' was organised in 1889, which is said to be India's first· cooperative arrangement. In 1904, Cooperative Credit Societies Act was enacted. This act gave the impetus to the Cooperative Movement in India.
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