Latest 21st Feb 2024 Current Affairs News for Exam Pre

Practice Mode:
7.

What is the primary objective of the government's decision to increase the authorized capital of the Food Corporation of India (FCI) from ₹10,000 crore to ₹21,000 crore?

A: To reduce government subsidies related to food procurement.
B: To empower farmers through MSP-based procurement.
C: To enhance FCI's operational efficiency and capabilities.
D: To modernize storage facilities and transportation networks.

The answer is: C