Question

The Government of India has approved a plan to establish ______ new multipurpose Primary Agricultural Credit Societies (PACS) / dairy / fishery primary cooperative societies for covering all the remaining Panchayats/ villages in the country.

A 5 lakh Correct Answer Incorrect Answer
B 2 lakh Correct Answer Incorrect Answer
C 3 lakh Correct Answer Incorrect Answer
D 5 lakh Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Government of India has approved a plan to establish two lakh new multipurpose Primary Agricultural Credit Societies (PACS) / dairy / fishery primary cooperative societies for covering all the remaining Panchayats/ villages in the country, with the support of State Governments, National Bank for Agriculture and Rural Development    (NABARD),   National   Dairy   Development Board (NDDB) and National Fisheries Development Board (NFDB) through convergence of various existing schemes of Government of India and by leveraging the ‘whole-of-Government’ approach in the next five years.

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