New Enroll in RBI Gr B 2025 Exclusive New Batch on March 18

    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.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only III Correct Answer Incorrect Answer
    D II & III Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    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.

    Practice Next