Important Days & Events MCQs

The International Day of Cooperatives is observed on the first Saturday of July. In 2026, July 1st is a Wednesday, July 2nd is a Thursday, July 3rd is a Friday, and July 4th is a Saturday. Therefore, the first Saturday of July 2026 is July 4th. NEEDS_REVIEW: The prompt states the first Saturday of July. July 1st 2026 is a Wednesday. July 4th 2026 is a Saturday. So the first Saturday is July 4th. The provided answer is July 5th, which is incorrect based on the rule. Re-evaluating the date calculation. July 1st 2026 is a Wednesday. July 2nd is Thursday. July 3rd is Friday. July 4th is Saturday. So the first Saturday of July 2026 is indeed July 4th. The correct option should be 'July 4, 2026'. The current correct answer is 'b' which corresponds to July 5, 2026. This is a factual error. The question needs to be reviewed for accuracy.

The day aims to increase awareness of cooperatives and strengthen the partnerships between the international cooperative movement and other actors, including governments.

The United Nations (UN) officially recognizes the International Day of Cooperatives to raise awareness about the role of cooperatives in sustainable development.

The International Day of Cooperatives is celebrated annually on the first Saturday of July to highlight the contributions of cooperatives to the global economy.

The primary objective of the International Day of Cooperatives is to increase awareness of the contributions of the cooperative movement to sustainable development and to highlight the achievements of cooperatives worldwide.

The United Nations General Assembly proclaimed the International Day of Cooperatives in 1995, marking the centenary of the International Cooperative Alliance (ICA).

The International Day of Cooperatives is observed annually on the first Saturday of July. In 2026, the first Saturday of July falls on July 4th.

ICAI is a statutory body established by an Act of Parliament, namely the Chartered Accountants Act, 1949, to regulate the profession of Chartered Accountancy in India.

ICAI was established on July 1, 1949, under the Chartered Accountants Act, 1949.

National Chartered Accountants Day is celebrated on July 1st every year to commemorate the establishment of the Institute of Chartered Accountants of India (ICAI).