Q. With reference to the National Cooperative Development Corporation (NCDC) consider the following statements:
1.It is the apex organization for the promotion and development of cooperatives in India.
2.It is a statutory corporation set up under an Act of Indian Parliament.
Select the correct answer from the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation –

Statements 1 and 2 are correct. NCDC is the apex organization for the promotion and development of cooperatives in India. It is a statutory corporation set up under an Act of Indian Parliament on 13 March 1963.

Source: ForumIAS

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