Question

In a unique initiative, IIM-__________ has joined hands with an e-marketplace for agricultural land, SFarms India, to develop a farm land price index based on the sales and purchases done on the platform.

A Ahmedabad Correct Answer Incorrect Answer
B Delhi Correct Answer Incorrect Answer
C Bombay Correct Answer Incorrect Answer
D Madras Correct Answer Incorrect Answer
E Kanpur Correct Answer Incorrect Answer

Solution

In a unique initiative, IIM-Ahmedabad (IIM-A) has joined hands with an e-marketplace for agricultural land, SFarms India, to develop a farm land price index based on the sales and purchases done on the platform. The index has been designed to record and present the quality-controlled data on prices of agricultural land in the country. It will be called IIM-Ahmedabad SFarmsIndia Land Price Index (ISALPI). The index will be a reliable source in benchmarking land prices in rural and semi-urban areas and help in signalling converting agricultural land into real estate.

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