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North Eastern Regional Agricultural Marketing Corporation Limited

Recently, Ministry of Development of North Eastern Region has inaugurated the North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC) in Guwahati. Consider the given statements regarding NERAMAC.

  1. The NERAMAC Limited was incorporated in the year 1992 as a marketing organization in the field of Agri-Horti sector of the North-eastern region, under the administrative control of the Ministry of Development of North Eastern Region (DoNER).
  2. It is continuously making all efforts for the development of the farmers of the region and double their income by the end of 2022.

Which of the statements given above is/are correct?

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2