Current Affairs - Important Days - Discussion

Discussion :: Important Days - Latest Current Affairs (Q.No.214)

214. 

The Government has started procurement of pulses and oilseeds. National Agricultural Cooperative Marketing Federation of India Ltd (Nafed), the central procurement agency, has purchased over 1.21 lakh tonnes of pulses and oilseeds. When was Nafed founded?

[A]. 2 October 1968
[B]. 31 October 1948
[C]. 2 October 1958
[D]. 31 October 1978

Answer: Option C

Explanation:

The Government has started procurement of pulses and oilseeds from states during the nationwide lockdown. National Agricultural Cooperative Marketing Federation of India Ltd (Nafed), the central procurement agency, has purchased over 1.21 lakh tonnes of pulses and oilseeds costing around Rs.595.52 crore. It has benefitted around 90,000 farmers. GoI had recently released Rs.1,250 crore for procurement of 1.71 lakh tonnes of chana and 0.87 lakh tonne of Masur. The Ministry has bought these pulses at minimum support price (MSP) in 13 states. Nafed was Founded on 2 October 1958.

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