FCI procures and distributes food grains on behalf of the government. FCI stands for ___.

Food Grain Corporation of India

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Food Corporation of India

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Food Co-operation of India

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Food Co-operative of India

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Solution

The correct option is A Food Corporation of India

Food Corporation of India was set up on 14th January, 1965 to implement the following objectives of the National Food Policy:

Effective price support operations for safeguarding the interests of the farmers.
Distribution of foodgrains throughout the country for Public Distribution System.
Maintaining satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security.
Regulate market price to provide foodgrains to consumers at a reliable price.

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Similar questions

The Food Corporation Of India (FCI) purchases wheat and rice at the MSP.

Consider the following statements regarding the procurement of food-grains:

1. Government of India follows a procurement target rather than an open-ended procurement policy.

2. Government of India announces minimum support price only for cereals.

3. NAFED is the nodal procurement agency for Oilseeds and pulses, apart from the Cotton Corporation of India.

Which of the statements given above is/are correct?

(a) State the function of Food Corporation of India.

(b) What is done to protect the grains stored in gunny bags in big godowns from damage ?

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