UPSC Exam  >  UPSC Questions  >  With reference to the National Agricultural C... Start Learning for Free
With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements:
  1. It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958.
  2. It is registered under the Multi-State Co-operative Societies Act, of 2002.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the National Agricultural Cooperative Marketing Fede...
National Agricultural Cooperative Marketing Federation of India Limited (NAFED):
  • NAFED, founded in 1958, is a leading Indian cooperative organization for agricultural product procurement and marketing. Hence, statement 1 is correct.
  • NAFED is registered under the Multi-State Co-operative Societies Act, of 2002. Hence, statement 2 is correct.
  • Bharat Atta will be available through various outlets, including Kendriya Bhandar, National Agricultural Cooperative Marketing Federation of India Limited (NAFED), and National Cooperative Consumer Federation (NCCF), ensuring its accessibility to a broader consumer base.
Free Test
Community Answer
With reference to the National Agricultural Cooperative Marketing Fede...
The correct answer is option C, i.e., both statement 1 and statement 2 are correct.

Explanation:
1. National Agricultural Cooperative Marketing Federation of India Limited (NAFED):
- The National Agricultural Cooperative Marketing Federation of India Limited (NAFED) is a leading Indian cooperative organization for agricultural product procurement and marketing.
- It was founded in 1958 with the objective of promoting cooperative marketing of agricultural produce to benefit farmers.
- NAFED operates under the Ministry of Agriculture and Farmers' Welfare, Government of India.
- It plays a crucial role in ensuring fair prices for agricultural produce and providing market support to farmers.

2. Registered under the Multi-State Co-operative Societies Act, 2002:
- The second statement is also correct. NAFED is registered under the Multi-State Co-operative Societies Act, 2002.
- This act provides for the formation and functioning of cooperative societies operating in multiple states.
- NAFED being a national level cooperative organization operates in multiple states and hence, it is registered under this act.
- The act provides a legal framework for the governance, management, and functioning of multi-state cooperative societies like NAFED.

Overall, both statement 1 and statement 2 are correct. NAFED is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958, and it is registered under the Multi-State Co-operative Societies Act, 2002.
Explore Courses for UPSC exam

Similar UPSC Doubts

Top Courses for UPSC

With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. 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 With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Solutions for With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?, a detailed solution for With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), consider the following statements: It is a leading Indian cooperative organization for agricultural product procurement and marketing founded in 1958. It is registered under the Multi-State Co-operative Societies Act, of 2002.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev