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Which of these statements is/are correct about agriculture marketing?
1. India's Agricultural market is presently regulated by the agricultural produce Market Committee enacted Act by the central government.
2. India has thousands of Agricultural markets.
3. India has 30 principal regulated Agricultural markets.
Choose from the following options.
- a)2 Only
- b)2 and 3 Only
- c)3 Only
- d)1 Only
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Which of these statements is/are correct about agriculture marketing?1...
Let's evaluate each statement about agricultural marketing:
India's Agricultural market is presently regulated by the agricultural produce Market Committee enacted Act by the central government.
- This statement is incorrect. The regulation of agricultural markets in India is primarily managed by the Agricultural Produce Market Committee (APMC) Acts enacted by state governments, not the central government.
India has thousands of Agricultural markets.
- This statement is correct. India has a vast number of agricultural markets across its states and territories.
India has 30 principal regulated Agricultural markets.
- This statement is incorrect. India has many regulated agricultural markets, but the number is much higher than 30.
Given this information, the correct option is:
- 2 Only
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Most Upvoted Answer
Which of these statements is/are correct about agriculture marketing?1...
The correct answer is option 'A' which states that statement 2 is correct i.e. India has thousands of Agricultural markets.
Explanation:
1. India's Agricultural market is presently regulated by the Agricultural Produce Market Committee (APMC) enacted Act by the central government:
This statement is incorrect. The Agricultural Produce Market Committee (APMC) Act was enacted by the state governments, not the central government. The APMC Act is a state legislation that regulates the marketing of agricultural produce within the state. It provides for the establishment of market committees at the district and sub-district levels to regulate the buying and selling of agricultural produce in designated market areas.
2. India has thousands of Agricultural markets:
This statement is correct. India has a vast network of agricultural markets known as Mandis. These Mandis act as the primary points of sale for farmers to sell their agricultural produce. They are established and regulated under the provisions of the APMC Act. These markets are spread across the country and exist in almost every district, town, and village. The number of agricultural markets in India is estimated to be in thousands, providing farmers with access to local markets for selling their produce.
3. India has 30 principal regulated Agricultural markets:
This statement is incorrect. India has far more than 30 principal regulated agricultural markets. As mentioned earlier, the number of agricultural markets in India is estimated to be in thousands. These markets vary in size and scale, with some being larger than others. The principal regulated agricultural markets are spread across various states and regions of the country, ensuring that farmers have access to local markets for the sale of their agricultural produce.
In conclusion, statement 2 is correct, and statement 1 and 3 are incorrect regarding agriculture marketing in India.
Explanation:
1. India's Agricultural market is presently regulated by the Agricultural Produce Market Committee (APMC) enacted Act by the central government:
This statement is incorrect. The Agricultural Produce Market Committee (APMC) Act was enacted by the state governments, not the central government. The APMC Act is a state legislation that regulates the marketing of agricultural produce within the state. It provides for the establishment of market committees at the district and sub-district levels to regulate the buying and selling of agricultural produce in designated market areas.
2. India has thousands of Agricultural markets:
This statement is correct. India has a vast network of agricultural markets known as Mandis. These Mandis act as the primary points of sale for farmers to sell their agricultural produce. They are established and regulated under the provisions of the APMC Act. These markets are spread across the country and exist in almost every district, town, and village. The number of agricultural markets in India is estimated to be in thousands, providing farmers with access to local markets for selling their produce.
3. India has 30 principal regulated Agricultural markets:
This statement is incorrect. India has far more than 30 principal regulated agricultural markets. As mentioned earlier, the number of agricultural markets in India is estimated to be in thousands. These markets vary in size and scale, with some being larger than others. The principal regulated agricultural markets are spread across various states and regions of the country, ensuring that farmers have access to local markets for the sale of their agricultural produce.
In conclusion, statement 2 is correct, and statement 1 and 3 are incorrect regarding agriculture marketing in India.
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Which of these statements is/are correct about agriculture marketing?1. Indias Agricultural market is presently regulated by the agricultural produce Market Committee enacted Act by the central government.2. India has thousands of Agricultural markets.3. India has 30 principal regulated Agricultural markets.Choose from the following options.a)2 Onlyb)2 and 3 Onlyc)3 Onlyd)1 OnlyCorrect answer is option 'A'. Can you explain this answer?
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