Question

Arrange these financial and development institutions chronologically when these were set up in India starting from the earliest to the latest:
(A) FCI
(B) NABARD
(C) NCDC
(D) CACP
Choose the correct answer from the options given below:

• A. (A), (C), (D), (B)
• B. (B), (A), (D), (C)
• C. (C), (A), (D), (B)
• D. (D), (A), (C), (B)

Hint:

Timeline: NCDC (1963) $\to$ FCI, CACP (1965) $\to$ NABARD (1982).

Answer 1

The Correct Option is C

The institutions are arranged chronologically by establishment year:
1. NCDC (C - 1963): The National Cooperative Development Corporation was established on March 14, 1963, to promote cooperative development.
2. FCI (A - 1965): The Food Corporation of India was set up on January 14, 1965, for food grain procurement and distribution.
3. CACP (D - 1965): The Commission for Agricultural Costs and Prices (initially Agricultural Prices Commission) was formed in January 1965 to recommend minimum support prices.
4. NABARD (B - 1982): The National Bank for Agriculture and Rural Development was established on July 12, 1982, to support rural and agricultural finance.
The order NCDC (1963), FCI (1965), CACP (1965), NABARD (1982) corresponds to (C), (A), (D), (B), making option (3) correct. Note: FCI and CACP were both established in 1965; their order is based on specific dates (January), but either could precede the other in some contexts.

Answer 2

Instead of pinning an exact year to every institution, use two well-known anchor facts. First, NABARD (B) is the youngest of the four, formed in 1982 to consolidate agricultural refinance functions that were earlier scattered across other bodies, so it must occupy the last position - this rules out any option not ending in (B). Second, NCDC (C) predates the mid-1960s institutions created around the Green Revolution's food-security and price-support drives (FCI and CACP), so it must come first - this rules out sequences beginning with (A) or (D). Applying both anchors together leaves only the order (C), (A), (D), (B), matching option (3).