CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
State-run Food Corporation of India (FCI) has entered into an agreement with which company for construction of two silos to store wheat
A
Tata Group
B
Aditya Birla Group
C
Adani Group
D
None of the above
Explanation: 

Detailed explanation-1: -Katihar: FCI inks pact with Adani Group for construction of 2 silos-The Economic Times.

Detailed explanation-2: -With the addition of 3.50 lakh MT storage capacity, AALL will now have a total of 15.25 lakh MT of silo storage capacity across 24 locations in India.

Detailed explanation-3: -The Food Corporation of India (FCI) is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution.

Detailed explanation-4: -In 1965, under the Food Corporation Act, 1964, the Food Corporation of India (FCI) was set up in the Department, as the country was facing major shortage of food grains, especially wheat.

Detailed explanation-5: -FCI, the nodal central agency of Government of India, along with other State Agencies undertakes procurement of wheat and paddy under price support scheme . Coarse grains are procured by State Government Agencies for Central Pool as per the direction issued by Government of India on time to time.

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