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BEAM signed MoU with FDRVC

Published on August 17, 2021
Current Context: The BSE E-Agricultural Markets Ltd (BEAM) signed MoU with the Foundation for Development of Rural value Chain (FDRVC).
BEAM signed MoU with FDRVC
  • The MoU was signed to strengthen the price discovery mechanism of the commodities which are traded by Farmer Producer Organisations (FPOs).
  • The FPOs which are under FDRVC will be made eligible to explore market technologies that are offered by BSE.
  • The FPOs will be made exposed to leverage customized e-market solutions of BSEs.
  • Through this MoU, both the entities will be able to attain results for smallholder farmers (SHF) and will strengthen the rural value chain in the country.
  • Static Part: 
    • HQ of BEAM: Mumbai
    • CEO of BEAM: Rajesh Kumar Sinha
    • HQ of FDRVC: Delhi
    • CEO of FDRVC: Alok Kumar De

Question: 

Q.1 Which entity signed MoU with the Foundation for Development of Rural value Chain (FDRVC) to strengthen the price discovery mechanism of the commodities traded by FPOs?
a. SIDBI
b. RBI
c. NABARD
d. BSE E-Agricultural Markets Ltd (BEAM)
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