What net profit did NCDC record in FY 2025-26, as reported to its General Council?
- A.Rs 975 crore
- B.Rs 1,475 crore
- C.Rs 2,475 crore
- D.Rs 3,475 crore
Correct answer
Explanation
The correct answer is Rs 1,475 crore. The accounts laid before the 93rd General Council meeting put the Corporation's net profit for FY 2025-26 at Rs 1,475 crore, alongside a loan recovery rate of 99.84 per cent and net non-performing assets of zero. In the same year it cleared projects worth Rs 1,55,408 crore and released Rs 1,27,596 crore, up from Rs 24,733 crore in FY 2020-21, roughly a fivefold rise across five years. Option A, Rs 975 crore, understates the figure. Options C and D, Rs 2,475 crore and Rs 3,475 crore, overstate it. None of these three appears in the account placed before the Council. The 3,339 units and projects sanctioned during the year carried benefits for 14,881 cooperative societies across the country.
Read the full article: Amit Shah Chairs 93rd NCDC General Council Meeting
Practice Questions
Which edition of the NCDC General Council meeting was held in New Delhi in October 2026?
- A.83rd
- B.90th
- C.93rd
- D.95th
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The General Council of the National Cooperative Development Corporation met for the 93rd time on 29 October 2026 at the Corporation's head office in New Delhi, with Union Home and Cooperation Minister Amit Shah in the chair.
Read the full explanation →Which Union Minister chairs the General Council of the National Cooperative Development Corporation?
- A.The Minister of Agriculture and Farmers Welfare
- B.The Minister of Home Affairs and Cooperation
- C.The Minister of Finance
- D.The Minister of Rural Development
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Amit Shah holds both portfolios and took the chair at the 93rd General Council sitting on 29 October 2026 in New Delhi.
Read the full explanation →By which year has the North-East been asked to become self-reliant in milk, eggs, fish and meat production?
- A.2028
- B.2030
- C.2035
- D.2040
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At the 93rd General Council meeting the Chairman gave special weight to the North-Eastern Region and set 2030 as the year by which it should meet its own demand for milk, eggs, fish and meat.
Read the full explanation →Under the migration agreement cited by Goyal, how many Indians a year does Germany require?
- A.30,000
- B.50,000
- C.90,000
- D.1,20,000
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Recalling a conversation with the German Foreign Minister about the migration agreement between India and Germany, Piyush Goyal said the arrangement carries a requirement of 90,000 Indians a year, and that he was told Germany in fact needed substantially more Indian talent than that.
Read the full explanation →What share of India's installed electricity capacity comes from green and renewable sources, as stated by Piyush Goyal?
- A.40 per cent
- B.50 per cent
- C.60 per cent
- D.75 per cent
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The Minister said that green and renewable sources now make up that share of India's installed electricity capacity, while adding that coal remains necessary for energy security and for keeping power affordable.
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