SSC Economics Sample Paper NCERT Sample Paper-1

  • question_answer
    Consider the following statements about the National Cooperative Marketing Federation of India Limited (NAFED)
    1. NAFED promotes the inter-state trade as well as export of certain agricultural commodities to many foreign countries.
    2. NAFED is responsible for the movement of the essential commodities from surplus areas to scarcity areas.

    A)  Only 1 

    B)  Only 2

    C)  Both 1 and 2    

    D)  neither 1 nor 2

    Correct Answer: C

    Solution :

    [c] The objects of the NAFED shall be to organise, promote and develop marketing, processing and storage of agricultural, horticultural and forest produce, distribution of agricultural machinery, implements and other inputs, undertake inter-State, import and export trade, wholesale or retail as the case may be and to act and assist for technical advice in agricultural production for the promotion and the working of its members and cooperative marketing, processing and supply societies in India.

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