Multiple Choice Questions on National Cooperative Development Corporation NCDC is which of the following ........ for UPSC Civil Services Examination (General Studies) Preparation

Financial Institutions

Economic Affairs

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Indian Economy - Understanding the basics of Indian economic system

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     National Cooperative Development Corporation (NCDC) is which of the following?

     Statutory body 

    Correct Answer

     Constitutional body

    Incorrect Answer

     Established by an executive order

    Incorrect Answer

     None of the above

    Incorrect Answer
    Explanation:

     National Cooperative Development Corporation (NCDC) was established by an Act of Parliament in 1963 as a statutory Corporation under Ministry of Agriculture & Farmers Welfare. It has many regional centres to provide the financial assistance to Cooperatives/Societies/Federations.


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