International Day of Cooperatives celebrated on 04th July

The United Nations celebrates the International Day of Cooperatives every year on the first Saturday of July to increase awareness of cooperatives. In the year 2020, the International Day of Cooperatives will be celebrated on 4th July with a focus on the contribution of cooperatives to combating climate change. UN has also appealed to spread the word: “#Coops4ClimateAction” to celebrate the International Day of Cooperatives 2020.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

United Nations is celebrating the International Day of Cooperatives every year on the first Saturday of July since 1923. Co-operatives have been acknowledged as associations and enterprises through which citizens can effectively make their lives better by contributing to the economic, social, cultural as well as political advancement of their community and nation. Cooperatives employ 280 million people across the globe which is 10% of the world’s employed population.

Important takeaways for all competitive exams: