Current Affairs · Cooperatives
The National Co-operative Exports Limited (NCEL) has its equity contributed by five major cooperative institutions (IFFCO, KRIBHCO, NAFED, GCMMF, and NCDC). What is the initial paid-up share capital subscribed by these promoter cooperatives?
- 1₹1,000 crore
- 2₹100 crore
- 3₹250 crore
- 4₹500 crore✓
Correct answer
₹500 crore
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