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Question

Q. Consider the following statements about the e-National Agriculture Market (e-NAM):

Select the correct answer using the code given below:


A
1 only
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B
2 only
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C
Both 1 and 2
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D
Neither 1 nor 2
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Solution

The correct option is A 1 only

Explanation:

  • Statement 1 is correct. Agriculture Infrastructure Fund is a central sector scheme that will enable a financing facility of Rs.1 lakh crore for funding agriculture infrastructure projects at farm-gate and aggregation points such as farmers producers organizations, primary agricultural cooperatives, startups, and entrepreneurs in the agriculture sector.
  • Statement 2 is incorrect. SFAC is the lead promoter of e-NAM. SFAC (Small Farmers Agribusiness Consortium) is a registered society of the Department of Agriculture, Cooperation & Farmers’ Welfare under the Ministry of Agriculture and Farmer Welfare.

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