Q. With reference to the Cotton Corporation of India Ltd. (CCI), consider the following statements:
1.It is a Public Sector Undertaking under the Ministry of Agriculture and Farmers Welfare.
2.It undertakes price support operations for cotton without any quantitative limit.
3.The Cott-Ally mobile app launched by CCI provides real-time MSP information to farmers in multiple regional languages.
Which of the statements given above is/are correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: B
Notes:

Explanation:

  • Statement 1 is incorrect: The Cotton Corporation of India Ltd. (CCI) is a Public Sector Undertaking under the Ministry of Textiles, not the Ministry of Agriculture and Farmers Welfare.
  • Statement 2 is correct: CCI undertakes price support operations without any quantitative limit to safeguard the interests of cotton farmers during periods of low market prices.
  • Statement 3 is correct: The Cott-Ally mobile app provides real-time Minimum Support Price (MSP) information and other updates to farmers in nine regional languages, promoting transparency and awareness.

Source- Cotoncorp.


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