Examveda
Examveda

IFFCO was formed in the year of

A. 1970

B. 1967

C. 1969

D. 1966

Answer: Option B

Solution(By Examveda Team)

IFFCO was formed in the year of 1967.
Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO, is a multi-state cooperative society. IFFCO is wholly owned by the Cooperative Societies of India. Society is engaged in the business of manufacturing and marketing fertilizers.
IFFCO is headquartered in New Delhi, India. Starting in 1967 with 57 member cooperatives, it is today the biggest co-op in the world by turnover on GDP.
With the introduction of a multi-agency approach by the Government of India in the distribution of fertilizers in 1967, the private trade also entered the field of fertilizer distribution.

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