Question
Which of the following is/are correct about the Agricultural produce market committee (APM
- C :        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
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.
More ESIC Part B Questions
- What is the minimum number of employees required for an establishment to be covered under the Employees’ Provident Funds and Miscellaneous Provision Act, 1...
- Which of the following matters of the Commercial Banks are regulated by the Reserve Bank of India? 1. Controlling credit creation by commercial banks. 2. M...
- Which of the following is a popular web browser used for accessing the internet?
- Which of the following provisions are correct in regards to the finances in the 73rd Constitutional Amendment Act? 1.   The state legislature may authoriz...
- President Droupadi Murmu has inaugurated a supercomputer facility at which of the following institutes?
- An intern was paid a stipend of Rs. 1,792 for a period of 30 days calculated on daily basis. During this period, he was absent for 4 days and was fined Rs....
- What is the penalty for an employer who fails to pay gratuity to the employee as per the Payment of Gratuity Act, 1972?
- Which one of the following is the first book in which the transactions of a business unit are recorded ?
- Garuda Aerospace, a prominent drone manufacturer, has formed a joint development partnership with Naini Aerospace, Naini Aerospace is a subsidiary of which...
- Which of the following statements is/are correct in regards to Amrit kaal? 1.Nirmala Sitharaman presents ‘the first budget of Amrit Kaal’. 2.Narendra Modi ...
Relevant for Exams:
