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

    Question

    Which of the following is/are correct about the

    Agricultural produce market committee (APMC):         I.            APMCs are regulated by states.       II.            Aim of APMC is 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
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C Both are correct Correct Answer Incorrect Answer
    D None of the above 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 and ensure the farm to retail price spread does not reach excessively high levels. APMCs are thus, regulated by states through their adoption of an Agriculture Produce Marketing Regulation (APMR) Act.

    Practice Next

    Relevant for Exams: