What was the purpose of establishing cooperatives in the Ninth Five-Year Plan?

To enable marketing of crops

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To provide free grains for farming

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To provide savings for farmers

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To provide financial aid for farming

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Solution

The correct option is D To provide financial aid for farming
The Ninth Five-Year Plan established cooperatives. A cooperative is a group of people who come together and provide financial aid to each other. Cooperative societies help provide cheap credit for buying seeds, fertilisers, etc. However, only the members of the cooperatives can avail this credit.

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