Question : The National Agricultural Cooperative Marketing Federation of India (NAFED) is involved in the marketing of:
Option 1: Agricultural machinery and equipment
Option 2: Fertilizers and pesticides
Option 3: Seeds and planting material
Option 4: Agricultural produce and commodities
Correct Answer: Agricultural produce and commodities
Solution : The correct answer is (d) Agricultural produce and commodities.
NAFED is a cooperative organization established with the objective of promoting agricultural marketing and cooperative processing of agricultural produce. It plays a crucial role in the procurement, marketing, and distribution of various agricultural commodities produced by farmers.
The key activities of NAFED include:
1. Procurement: NAFED procures agricultural produce such as grains, oilseeds, pulses, spices, fruits, and vegetables directly from farmers and cooperative societies.
2. Storage and Warehousing: NAFED provides storage and warehousing facilities for the agricultural produce procured, ensuring proper preservation and quality maintenance.
3. Marketing: NAFED undertakes the marketing of agricultural commodities by selling them in domestic and international markets. It ensures fair prices for farmers and provides market access for their produce.
4. Price Stabilization: NAFED works towards stabilizing the prices of agricultural commodities by undertaking market intervention measures such as buffer stocking and supply management.
5. Export Promotion: NAFED facilitates the export of agricultural commodities by coordinating with exporters, providing quality certification, and ensuring adherence to international standards.
NAFED acts as a platform that connects farmers with markets and aims to protect their interests by providing them with fair prices and market access for their produce. It plays a significant role in the marketing and distribution of agricultural commodities in India.
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Question : The National Mission on Agricultural Extension and Technology (NMAET) aims to:
Option 1: Promote modern agricultural machinery and equipment
Option 2: Improve agricultural productivity through technology transfer
Option 3: Provide financial assistance for agricultural research projects
Option 4: Establish cold storage facilities in rural areas
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
Question : Which institution is responsible for the promotion and development of agricultural marketing cooperatives in India?
Option 1: Small Farmers Agribusiness Consortium (SFAC)
Option 2: National Cooperative Development Corporation (NCDC)
Option 3: National Bank for Agriculture and Rural Development (NABARD)
Option 4: National Horticulture Board (NHB)
Question : Which among the following is an apex institution in the sphere of agriculture credit in India?
Option 1: NABARD (National Agriculture and Rural Development)
Option 2: SIDBI (Small Industries Development Bank of India)
Option 3: EXIM (Export & Import ) Bank
Option 4: NAFED (National Agricultural Cooperative Marketing Federation of India Ltd.)
Question : The National Agriculture Market (e-NAM) is an online trading platform for which type of agricultural produce?
Option 1: Fruits and vegetables
Option 2: Cereals and pulses
Option 3: Milk and dairy products
Option 4: Horticultural crops
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