New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following act as a regulator of

    agricultural produce market?
    A Essential commodity act- 1935 Correct Answer Incorrect Answer
    B Food act- 1955 Correct Answer Incorrect Answer
    C Agriculture Market Act-1937 Correct Answer Incorrect Answer
    D APMC act by state govt Correct Answer Incorrect Answer
    E AGMARK Correct Answer Incorrect Answer

    Solution

    An Agricultural Produce Market Committee (APMC) is a marketing board established by state governments in India to ensure farmers are safeguarded from exploitation by large retailers, as well as ensuring the farm to retail price spread does not reach excessively high levels. APMCs are regulated by states through their adoption of a Agriculture Produce Marketing Regulation (APMR) Ac

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