Question : Which of the given statements concerning the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is correct?
i. NAFED is registered under the Multi-State Co-operative Societies Act.
ii. It was set up to promote Cooperative marketing of agricultural produce to benefit farmers.
iii. It was established in 1956.
Option 1: i, ii and iii
Option 2: Only ii
Option 3: Only ii and iii
Option 4: Only i and ii
Correct Answer: Only i and ii
Solution : The correct answer is Only i and ii .
NAFED stands for the National Agriculture Cooperative Marketing Federation of India. It was established in October of 1958. It is registered under the Multi-State Co-operative Societies Act, and it was set up to promote cooperative marketing of agricultural produce to benefit farmers.
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