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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:

Consider the following statements related to ethical dimensions and find the false statement

  1. Rules and standards of a society that regulate the thoughts, action and behaviour of the people.
  2. A cooperative is said to be ethical if It prevent any fraud or malpractice within the co-operative.
  3. People will work there in for delivering profit without any service orientation
  4. Work by keeping the co-operative values and work sincerely to attain the objective or rendering service to the members by keeping the principles and practice of Cooperation.
    Securing possession of records of a co-operative society is in section ---- of KCS Act
    In a co-operative Society, admission of members and allocation of Shares is done by
    Final audit is suitable for:
    As per section 32 of KCS Act, the term of Administrative committee is ---