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MARKETFED was originally started on December 24, 1942 as:

AMalabar District Wholesale Co-operative Store

BKerala State Co-operative Consumers Federation

CKerala State Co-operative Marketing Federation Ltd.

DKerala State Co-operative Agricultural Development Bank

Answer:

A. Malabar District Wholesale Co-operative Store

Read Explanation:

MARKETFED:

  • Kerala State Co-operative Marketing federation (MARKETFED)

  • 1960 march 25

  • Present Headquarters of MARKETFED – KOCHI

Origin:

  • MARKETFED was started on December 24, 1942 as a Malabar District Wholesale Co-operative Store with an area of operation throughout the old Malabar District.

  • In 1958, it was renamed as South Malabar District Supply and Marketing Society Ltd.

  • In 1958 the Store was brought under Plan Scheme and converted into a Marketing Society on 10th August 1960.

  • In 25-3-1960, it was again renamed as Kerala State Co-operative Marketing Federation with headquarters at Kozhikode.

  • It is the apex institution of the Marketing co-operatives in Kerala

  •  Now more than 600 primary marketing societies under this federation.

Origin:

  • Started on December 24, 1942 as a Malabar District Wholesale Co- operative Store

  • In 25-3-1960, it was again renamed as Kerala State Co-operative Marketing Federation with headquarters at Kozhikode.

Objectives:

  • To arrange for the purchase, marketing and sale of agricultural produce belonging to its affiliated societies and their members to their best advantage to with the country and outside.

  • To own or rent godowns, open sales depots and branch offices to facilitate the purchase, storage and sales, of agricultural and other producers.


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