CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which year was FCI (Food Corporation of India) founded?
A
1955
B
1965
C
1975
D
1985
Explanation: 

Detailed explanation-1: -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-2: -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-3: -The Food Corporation of India is an organization founded on 14th January, 1965 and run by the Government of India to provide food subsidies to the poor section of the society.

Detailed explanation-4: -1. Sh. Sanjiv Kumar, Chairman & MD, FCI, New Delhi.

Detailed explanation-5: -10th December, 1964.] An Act to provide for the establishment of Food Corporations for the purpose of trading in foodgrains and other foodstuffs and for matters connected therewith and incidental thereto. 2. *1 *2 (1) This Act may be called the Food Corporations Act, 1964.

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