Mother Dairy

Mother Dairy

Question: Mother Dairy was founded in which of the following year?
(a) 1974
(b) 1975
(c) 1980
(d) 1985
Ans: (a)
Related facts:

  • On 30 December 2016; Mother Dairy Fruit & Vegetable Pvt Ltd today introduced Aadhar enabled payment system in more than 1,000 milk booths and ‘Safal’ retail stores.
  • This step is taken to promote cashless transactions.
  • This service would now be available in addition to the existing modes like E-wallets and SmartChange Cards.
  • The service was commissioned in association with CSC e-Governance Service India Ltd under the aegis of Department of Electronics and Information Technology (Deity).
  • Mother Dairy Fruit & Vegetable Pvt Ltd is an Indian company that manufactures markets and sells milk, milk products and other edible products.
  • Its milk products include cultured products, ice cream, paneer and ghee under the Mother Dairy brand.
  • The company also sells edible oils, fresh fruits and vegetables, frozen vegetables, and processed food like fruit juices, jams, pickles etc.
  • Mother Dairy was founded in 1974, as a wholly owned subsidiary of the National Dairy Development Board (NDDB).
  • The company sells milk products under the “Mother Dairy” brand.
  • Safal is the fruit and vegetable arm of Mother Dairy.

Reference:
http://www.digitalindia.gov.in/content/mother-dairy-launches-aadhar-enabled-payment-system-booths
http://www.thehindubusinessline.com/economy/agri-business/mother-dairy-launches-digital-payment-system/article9453852.ece

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