Q1. With reference to the National Agriculture Market, consider the following statements: 1. e-NAM was launched on April 14, 2016. 2. It is a pan-India electronic trading portal for agricultural commodities. 3. It is implemented by the Small Farmers Agribusiness Consortium under the Ministry of Agriculture and Farmers Welfare. 4. It was designed to replace MSP procurement by FCI for wheat and paddy. Which of the statements given above are correct?
Explanation
Statements 1, 2 and 3 are correct: e-NAM was launched on April 14, 2016; it is a pan-India electronic trading portal; and it is implemented by SFAC under the agriculture ministry. Statement 4 is false because the source describes a trading-platform role, not replacement of FCI MSP procurement.
