GK
CO OPERATION CO OPERATIVE SOCIETIES
Question
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The ____ established in 1958 has been playing an important role in the development of cooperative marketing in India.
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National Apex Federation
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National Association of Fisheries Marketing Federation
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National Agricultural Cooperative Marketing Federation
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National Agricultural and Fisheries Marketing Federation
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Explanation:
Detailed explanation-1: -In 1958, the National Agricultural Co-operative Marketing Federation (NAFED) was established as the apex body of co-operative marketing.
Detailed explanation-2: -National Agricultural Cooperative Marketing Federation of India Ltd.(NAFED) was established on the auspicious day of Gandhi Jayanti on 2nd October 1958.
Detailed explanation-3: -The history of co-operative marketing in India dates back to 1912, when the Co-operative Marketing Societies Act, 1912 was passed. The first Co-operative Society was formed in Hubli in 1915 to encourage cultivation of improved cotton and to sell it collectively.
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