Question

NAFED was established on

• A. 02 October, 1957
• B. 02 October, 1958
• C. 02 October, 1959
• D. 02 October, 1960

Hint:

Remember that NAFED is always associated with Gandhi Jayanti (2nd October) and was founded in 1958.

Answer 1

The Correct Option is B

Step 1: Understanding the Concept:
NAFED stands for the National Agricultural Cooperative Marketing Federation of India Limited.
It is an apex cooperative organization established to promote the cooperative marketing of agricultural produce across India.

Step 2: Detailed Explanation:
NAFED was set up on the auspicious day of Gandhi Jayanti.
This makes the calendar date of its establishment 2nd October.
The year of its foundation was 1958.
It was registered under the Multi-State Co-operative Societies Act.
Therefore, the official date of establishment is 2nd October, 1958.

Step 3: Final Answer
The correct option is (B).