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In which of the following years was the Food Corporation of India (FCI) set up?
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- 1955
- 1960
- 1965
- 1970
Correct Option: C
The Food Corporation of India (FCI) was set up in 1965. Its objectives are effective price support operations for safeguarding the interests of the farmers. Distribution of food grains throughout the country for public distribution system and maintaining satisfactory level of operational and buffer stocks of foodgrains to ensure National Food Security.