Question

The grand given to Kerafed for coconut development by NCDC was

• A. Infrastructure Development Grant
• B. Commodity Grand
• C. Agriculture Promotion Grant
• D. Sustainable Farming Grant

Answer 1

Answer:

B. Commodity Grand

MANAGEMENT

• 51 members in General Council 

• 12 members BOD (Executive Council)

• RBI, SBI, GOI are members 

• Apex cooperative society is also a member 

• Central minister of Cooperation is the chairman - Amith Shah

• Chief Executive of NCDC shall be an IAS officer. He is ex-officio member of the executive Council 

• 1976 for the development of rural consumer sector. 

• Minimum Support scheme and Minimum Support prize implemented by NCDC 

• Provide Financial support to Agriculture Cooperative staff 

• Training Institute ACSTI 

• National Cooperative Development Fund is maintained by NCDC. 

• The grand given to Kerafed for coconut development by NCDC was commodity Grand 

• NCDC provide the following Financial Assistance to Marketing and Processing Societies 

• Share capital contribution 

• Managerial subsidy