Question

National Co-operative Development Corporation (NCDC) was established in

• A. 1953
• B. 1958
• C. 1961
• D. 1963

Answer 1

Answer:

D. 1963

• The National Co-operative Development Corporation (NCDC) was established on March 13, 1963, under the National Co-operative Development Corporation Act, 1962.

• NCDC Objectives:

  1. Promote and develop cooperative movement in India.

  2. Provide financial assistance to cooperatives.

  3. Enhance cooperative management and efficiency.

  4. Support rural development through cooperatives.