Question

When did the national Agricultural Cooperative advertising Federation of India limit begin?
A)- 1953
B)- 1958
C)- 1967
D)- 1974

Answer 1

Hint:It's miles registered underneath the Multi-nation Co-operative Societies Act. NAFED is now one in all the most important procurements in addition to marketing businesses for agricultural merchandise in India.

Complete answer:
Country wide Agricultural Cooperative marketing Federation of India Ltd is an apex enterprise of selling cooperatives for agricultural produce in India, beneath the Ministry of Agriculture, government of India. Based: 2 October 1958.
Country wide Agricultural Cooperative marketing Federation of India Ltd (NAFED) is an apex organization of advertising cooperatives for agricultural produce in India, countrywide Agricultural Cooperative advertising Federation of India Ltd. It became based on the birthday of Mahatma Gandhi on 2 October 1958 to promote the alternative of agricultural produce and woodland resources throughout the nation. It is registered under the Multistate Co-operative Societies Act.
NAFED is the nodal organization to put into effect fee stabilization measures underneath "Operation veggies" which aims to double the farmers' income by 2022. In 2008, it installed the national Spot exchange, a Commodities exchange as a joint undertaking of financial technology (India) Ltd.

Hence the correct answer is option C.

Note:NAFED is now certainly one of the biggest procurement as well as marketing agencies for agricultural merchandise in India. With its headquarters in New Delhi, NAFED has four nearby places of work at Delhi, Mumbai, Chennai, and Kolkata, apart from 28 zonal places of work in capitals of states and crucial towns.