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What is the primary objective of National Cooperative Organics Limited (NCOL)?
- a)Increase profit for conventional farmers.
- b)Promote organic produce and benefit organic farmers.
- c)Enhance government control over agricultural products.
- d)Focus on the export of non-organic goods.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the primary objective of National Cooperative Organics Limited...
The primary objective of NCOL is to cover the entire supply chain of organic products and promote the well-being of organic farmers. This initiative aims to boost the production and marketing of organic goods, contributing to sustainable agriculture practices.
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What is the primary objective of National Cooperative Organics Limited...
Primary Objective of National Cooperative Organics Limited (NCOL)
The primary objective of National Cooperative Organics Limited (NCOL) is to promote organic produce and benefit organic farmers. This focus aligns with contemporary agricultural practices that prioritize sustainability and health.
Reasons for the Focus on Organic Produce:
- Supporting Sustainable Agriculture: NCOL aims to encourage practices that maintain soil health, reduce chemical usage, and promote biodiversity.
- Empowering Farmers: By promoting organic farming, NCOL enables farmers to access premium markets, often resulting in better prices for their produce.
- Consumer Demand: The growing consumer awareness regarding health and environmental issues has created a significant demand for organic products, which NCOL aims to fulfill.
- Economic Benefits: Organic farming can lead to increased income for farmers due to higher market prices for organic goods, thereby improving their livelihoods.
Contrast with Other Options:
- Conventional Farmers: Unlike increasing profits for conventional farmers, NCOL specifically focuses on organic farming, which can differ significantly in practices and market access.
- Government Control: Enhancing government control over agricultural products is not the primary mission of NCOL; rather, it seeks to empower cooperative structures for farmers.
- Non-Organic Goods Export: Focusing on non-organic goods is contrary to NCOL’s objective, which is centered around promoting organic production.
In summary, NCOL's commitment to promoting organic produce and benefiting organic farmers underlines its role in advancing sustainable agricultural practices while responding to market demands.
The primary objective of National Cooperative Organics Limited (NCOL) is to promote organic produce and benefit organic farmers. This focus aligns with contemporary agricultural practices that prioritize sustainability and health.
Reasons for the Focus on Organic Produce:
- Supporting Sustainable Agriculture: NCOL aims to encourage practices that maintain soil health, reduce chemical usage, and promote biodiversity.
- Empowering Farmers: By promoting organic farming, NCOL enables farmers to access premium markets, often resulting in better prices for their produce.
- Consumer Demand: The growing consumer awareness regarding health and environmental issues has created a significant demand for organic products, which NCOL aims to fulfill.
- Economic Benefits: Organic farming can lead to increased income for farmers due to higher market prices for organic goods, thereby improving their livelihoods.
Contrast with Other Options:
- Conventional Farmers: Unlike increasing profits for conventional farmers, NCOL specifically focuses on organic farming, which can differ significantly in practices and market access.
- Government Control: Enhancing government control over agricultural products is not the primary mission of NCOL; rather, it seeks to empower cooperative structures for farmers.
- Non-Organic Goods Export: Focusing on non-organic goods is contrary to NCOL’s objective, which is centered around promoting organic production.
In summary, NCOL's commitment to promoting organic produce and benefiting organic farmers underlines its role in advancing sustainable agricultural practices while responding to market demands.
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What is the primary objective of National Cooperative Organics Limited (NCOL)?a)Increase profit for conventional farmers.b)Promote organic produce and benefit organic farmers.c)Enhance government control over agricultural products.d)Focus on the export of non-organic goods.Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about What is the primary objective of National Cooperative Organics Limited (NCOL)?a)Increase profit for conventional farmers.b)Promote organic produce and benefit organic farmers.c)Enhance government control over agricultural products.d)Focus on the export of non-organic goods.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary objective of National Cooperative Organics Limited (NCOL)?a)Increase profit for conventional farmers.b)Promote organic produce and benefit organic farmers.c)Enhance government control over agricultural products.d)Focus on the export of non-organic goods.Correct answer is option 'B'. Can you explain this answer?.
What is the primary objective of National Cooperative Organics Limited (NCOL)?a)Increase profit for conventional farmers.b)Promote organic produce and benefit organic farmers.c)Enhance government control over agricultural products.d)Focus on the export of non-organic goods.Correct answer is option 'B'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about What is the primary objective of National Cooperative Organics Limited (NCOL)?a)Increase profit for conventional farmers.b)Promote organic produce and benefit organic farmers.c)Enhance government control over agricultural products.d)Focus on the export of non-organic goods.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary objective of National Cooperative Organics Limited (NCOL)?a)Increase profit for conventional farmers.b)Promote organic produce and benefit organic farmers.c)Enhance government control over agricultural products.d)Focus on the export of non-organic goods.Correct answer is option 'B'. Can you explain this answer?.
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