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Which one of the following does not deal with export promotion?
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- Trade Development Authority
- Minerals and Metals Trading Corporation
- Cooperative Marketing Societies
- State Trading Corporation of India
- Trade Development Authority
Correct Option: C
According to the Reserve Bank of India, co-operative marketing is a co-operative association of cultivators formed primarily for the purpose of helping the members to market their products more profitable than is possible through private trade. Under the system of co-operative marketing whole responsibility of marketing is taken up by the farmers themselves, organized on a co-operative basis. The area of operation of marketing society is usually fixed with reference to local conditions - area based or commodity based. The commodity-based societies related to grapes, oranges, banana, pomegranate, etc. have wider jurisdiction covering the major areas growing each crop. There are societies at the producer’s level and they federate at state or national level to deal with bigger markets including foreign markets for export of their produce.