Multiple Choice Questions on With reference to the North Eastern Regional Agricultural Marketing Corporation Limited NERAMAC cons........... for UPPCS Exam Preparation

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Indian Economic System(UPPCS)

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Indian Economy - Understanding the basics of Indian economic system

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    With reference to the North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC), consider the following:

    1. It facilitates processing of horticulture produce.
    2. It assists Self-Help Groups to serve as an aggregator and provide marketing support to them.

    Which of the above is/are correct?

    1 only

    Incorrect Answer

    2 only

    Incorrect Answer

    Both 1 and 2

    Correct Answer

    None

    Incorrect Answer
    Explanation:

    Statement 1: NERAMAC, inter alia, facilitates processing of horticulture produce; assists processing units to market their products; and helps in developing linkages of farmers with the market.

    Statement 2: NERAMAC in pursuance of the objectives mentioned above, has provided support to large number of farmers, particularly those growing pineapple, ginger and large cardamom. It has also undertaken marketing of processed items sourced from local entrepreneurs.


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