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Consider the following statements regarding Food Corporation of India (FCI).
- It is a statutory body under the Ministry of Agriculture & Farmers Welfare.
- It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security.
- It regulates market price to provide food grains to consumers at a reliable price.
- All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).
How many of the above options are correct?
- a)Only one
- b)Only two
- c)Only three
- d)All four
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding Food Corporation of India ...
Statement 2 and 3 are correct.
The Food Corporation of India is an organization created and run by the Government of India. It is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution, Government of India.
Objectives:
- Effective price support operations for safeguarding the interests of the poor farmers
- Distribution of food grains throughout the country for Public Distribution System (PDS)
- Maintaining a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security
- Regulate market price to provide food grains to consumers at a reliable price.
- It has primary duty to undertake purchase, store, and move/transport, distribute and sell food grains and other foodstuffs.
The procurement system decentralization was started in 1997 where states play a very important role in the supply chain. Not all procurements are done by FCI. State cooperative agencies and other state-level distribution agencies also play a crucial role.
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Consider the following statements regarding Food Corporation of India ...
1. The Food Corporation of India (FCI) is a statutory body under the Ministry of Agriculture.
2. FCI was established in 1965 to fulfill the objectives of the Food Policy of the Government of India.
3. FCI is responsible for the procurement, storage, and distribution of food grains in the country.
4. FCI operates a network of storage facilities across India to ensure the availability of food grains in various states.
5. FCI also plays a role in stabilizing food prices and ensuring food security in the country.
6. FCI operates various schemes and programs to support farmers and promote agricultural development.
7. FCI is involved in the implementation of the Public Distribution System (PDS) to provide subsidized food grains to the poor and vulnerable sections of society.
8. FCI also participates in international trade of food grains and acts as a buffer stock agency for the Government of India.
All of the statements are correct. The Food Corporation of India (FCI) is indeed a statutory body under the Ministry of Agriculture. It was established in 1965 to fulfill the objectives of the Food Policy of the Government of India. FCI is responsible for the procurement, storage, and distribution of food grains in the country. It operates a network of storage facilities across India and plays a role in stabilizing food prices and ensuring food security. FCI also supports farmers and promotes agricultural development through various schemes and programs. It implements the Public Distribution System (PDS) and participates in international trade of food grains.
2. FCI was established in 1965 to fulfill the objectives of the Food Policy of the Government of India.
3. FCI is responsible for the procurement, storage, and distribution of food grains in the country.
4. FCI operates a network of storage facilities across India to ensure the availability of food grains in various states.
5. FCI also plays a role in stabilizing food prices and ensuring food security in the country.
6. FCI operates various schemes and programs to support farmers and promote agricultural development.
7. FCI is involved in the implementation of the Public Distribution System (PDS) to provide subsidized food grains to the poor and vulnerable sections of society.
8. FCI also participates in international trade of food grains and acts as a buffer stock agency for the Government of India.
All of the statements are correct. The Food Corporation of India (FCI) is indeed a statutory body under the Ministry of Agriculture. It was established in 1965 to fulfill the objectives of the Food Policy of the Government of India. FCI is responsible for the procurement, storage, and distribution of food grains in the country. It operates a network of storage facilities across India and plays a role in stabilizing food prices and ensuring food security. FCI also supports farmers and promotes agricultural development through various schemes and programs. It implements the Public Distribution System (PDS) and participates in international trade of food grains.
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Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer?.
Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Food Corporation of India (FCI). It is a statutory body under the Ministry of Agriculture & Farmers Welfare. It maintains a satisfactory level of operational and buffer stocks of food grains to ensure National Food Security. It regulates market price to provide food grains to consumers at a reliable price. All food grain procurement operations in India are undertaken by the Food Corporation of India (FCI).How many of the above options are correct?a)Only oneb)Only twoc)Only threed)All fourCorrect answer is option 'B'. Can you explain this answer?.
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