Question

    Which of the following regarding FPOs is/are True?

    I-             FPO can only be registered as Companies. II-            Ministry of Agriculture and Farmers Welfare is responsible for 'Formation & Promotion of 10,000 Farmer Produce Organizations (FPOs)’ III-           FPOs increase farmers’ negotiating power.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only III Correct Answer Incorrect Answer
    D Both II & III Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    A PO can be a production company, a cooperative society or any other legal form which provides for sharing of profits/benefits among the members. In some forms like producer companies, institutions of primary producers can also become a member of PO.

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