Question
Which of the following Statements is/are True? I-
A Producer Organisation (PO) is a legal entity by Primary Producers. II- The role of FPO is to act as an aggregator for member farmers. III- FPOs can only be registered as Companies under Companies Act 2013.Solution
Solution- FPO stands for Farmers Producers Organisation. It is an organisation of farmer-producers that provide support to small farmers with end-to-end services covering almost all aspects of cultivation from inputs, technical services to processing and marketing. They can be registered as Companies and Cooperatives.
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I- It helps prevent banks from using criminal networks.
II- KYC helps the ...
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