NCDC started during which five year plan ?
A2nd
B3rd
C4th
D5th
Answer:
B. 3rd
Read Explanation:
National Cooperative Development Corporation (NCDC)
NCDC is Successor to National Cooperative Development and Warehousing Board - 1956
Formed as recommendation of AIRCSC.
National Cooperative Development Corporation (NCDC) was formed as a result of a recommendation from the All-India Rural Credit Survey Committee (AIRCSC)
By passing NCDC Act 1962
It is not a cooperative society.
It is a statutory corporation under Ministry of Cooperation for the promotion non-credit cooperative sector.
NCDC started during 3rd five year plan
Head Quarters: New Delhi, It has 7 Regional Directorates
"Assisting Cooperatives Always" is the motto of NCDC
NCDC Act was Amended in 1975 and completely passed NCDC Amendment Act in 25 5-2002