Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in now• The government has increased the authorised capital of state-run Food Corporation of India (FCI) from ₹10,000 crore to ₹21,000 crore to enhance the operational capabilities and fulfill its mandate effectively. • FCI is the central government's nodal agency that undertakes the procurement of foodgrains at a minimum support price (MSP) to protect the interest of farmers. • It also maintains strategic stocks and distributes the grains under different welfare schemes. • The increase in the authorised capital will reduce the interest burden, decrease the economic cost and ultimately affecting the government subsidy positively. • Learn Along: • About FCI • Food Corporation of India (FCI) is a Public Sector Undertaking, under the Department of Food & Public Distribution, Ministry of Consumer Affairs, Food and Public Distribution. • FCI is a statutory body set up in 1965 under the Food Corporations Act 1964. It was established against the backdrop of major shortage of grains, especially wheat. • Simultaneously, Commission for Agricultural Costs and Prices (CACP) was created in 1965 to recommend remunerative prices to farmers.
Who are the members of the Board of directors of the Corporation as per the Deposit Insurance and Credit Guarantee Corporation Act?
"A" who is a citizen of India, commits crime in Nigeria.
Under which Section of the Indian Penal Code, 1860, he can be tried in India.
According to the Bharatiya Sakshya Adhiniyam, 2023, which of the following statements is true regarding confessions made to police officers?
Whoever intentionally puts any person in fear of any injury to that person, or to any other, and thereby dishonestly induces the person so put in fear t...
A body corporate____________.
Which section of The Limitation Act, 1963 deals with the Expiry of prescribed period when court is closed?
Which section of the Banking Regulation Act delas with the provisions relating to rates of interest charged by banking companies not to be subject to s...
As per Registration Act, 1908 minor means a person who__________
In an LLP out of the designated partners:
What is dacoity?