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1. In which year was the Food Corporation of India (FCI) established under the Food Corp. Act?
The Food Corporation of India (FCI) was established in 1964 under the Food Corporation Act. It functions under the Ministry of Consumer Affairs, Food, and Public Distribution. FCI plays a crucial role in India's food security by conducting price support operations, distributing food grains through the Public Distribution System (PDS), and maintaining operational and buffer stocks. These efforts ensure the availability of food grains across the country, stabilizing prices and securing food supply during shortages.