I. The Food Corporation of India (FCI) was established in 1975. |
II. It was responsible for securing for the government a commanding position in the food-grain trade. |
III. By 1979, the corporation was operating in all states as the sole agent of the central government in food grain procurement. |
A) I & III
B) Only I
C) I & II
D) II & III
Correct Answer: D
Solution :
The Food Corporation of India (FCI) was established in 1965, as the public sector marketing agency responsible for implementing government price policy through procurement and public distribution operations. It was responsible for securing for the government a commanding position in the food-grain trade. By 1979, the corporation was operating in all states as the sole agent of the central government in food-grain procurement.You need to login to perform this action.
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