NAFED's National Spot Exchange - Agronomy

Q.  Consider the following statements

1. NAFED is one of the largest procurement as well as marketing agencies for agricultural products in India.

2. National Spot Exchange is a Commodities exchange in India, and is a joint venture of Financial Technologies India Ltd. (FTIL) and National Agricultural Cooperative Marketing Federation of India (NAFED).

Which of the above statements is/ are correct?
- Published on 06 May 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both

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