App Logo

No.1 PSC Learning App

1M+ Downloads
Consider the following statements related to National Dairy Development Board and National Agricultural Co-operative Marketing Federation of India Ltd. Identify the statement that is wrong.

AThe NDDB was initially registered as a society under the Societies Act, 1860

BNow NDDB is a company registered under Companies Act and its headquarter is at New Delhi

CNAFED is registered under the Multi State Co-operative Societies Act

DNAFED have primary marketing/ processing societies among its members

Answer:

B. Now NDDB is a company registered under Companies Act and its headquarter is at New Delhi

Read Explanation:

No, the National Dairy Development Board (NDDB) is not a company registered under the Companies Act, and its headquarters are in Anand, Gujarat:

  • Registration

    The NDDB was initially registered as a society under the Societies Act of 1860. In 1987, the NDDB Act merged the NDDB with the Indian Dairy Corporation, a company registered under the Companies Act of 1956. The NDDB is now a body corporate and an institution of national importance.

  • Headquarters

    The NDDB's main office is located in Anand, Gujarat. The NDDB also has regional offices across the country. 

The NDDB is a statutory body that supports and finances producer-owned and controlled organizations in the dairy industry. It was established in 1965 to help transform dairying into a tool for the development of rural India. The NDDB's programs and activities include: Strengthening farmer cooperatives, Supporting national policies that promote the growth of dairy institutions, and Using cooperative principles and strategies.


Related Questions:

From the following statements, which statement is viable to the central cooperative bank?

  1. The share capital when compared to the total working capital is too small.
  2. They failed in mobilising deposits, instead they depended on the apex bank
  3. Banking and non banking activities were mixed which was against the banking Principles
  4. To act as a balancing center for resources for primary societies.
    Expand ICAO
    The process in which people help each other and they are called associated with each other is
    The Operation Flood programme was started on ...
    Trial balance is prepared --- in a year