Economy
2015
Agriculture Schemes
In India, markets in agricultural products are regulated under the
C.Agricultural Produce (Grading and Marking) Act, 1937
A.Essential Commodities Act, 1955
D.Food Products Order, 1956 and Meat and Food Products Order, 1973
B.Agricultural Produce Market Committee Act enacted by States
Correct Answer: Option B
In India, the regulation of agricultural product markets is primarily governed by the Agricultural Produce Market Committee (APMC) Acts. These acts are enacted by individual State governments.
The APMC Acts establish market committees whose purpose is to ensure fair trade practices within agricultural markets.
Hence, option b is the correct answer.
More Economy Questions
Which one of the following is the main objective of the ‘Make in India’ initiative?Economy · 2015With reference to the Indian economy, "Collateral Borrowing and Lending Obligations" are the instrum...Economy · 2024In the context of any country, which one of the following would be considered as part of its social ...Economy · 2019Which one of the following is likely to be the most inflationary in its effects?Economy · 2021With reference to the Indian economy, consider the following statements:Economy · 2022Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)?Economy · 2017The Service Area Approach was implemented under the purview ofEconomy · 2019The money multiplier in an economy increases with which one of the following?Economy · 2021Consider the following statements:Economy · 2015With reference to Indian economy, demand-pull inflation can be caused/increased by which of the foll...Economy · 2021