Correct Objectives: Ensuring an efficient marketing system and preventing exploitation of farmers are legitimate objectives of regulated agriculture markets.
Incorrect Objectives: Discouraging improvement in marketing infrastructure (ii) and discouraging farmers from improving the quality and quantity of their produce (iv) are contrary to the purpose of regulated agriculture markets.
During the British rule, India’s foreign trade had various features except _________ .
Read the following text carefully from ‘The Economic Times’ dated 8th June, 2023:
{“The Reserve Bank of India’s (RBI’s) rate-setting panel unanimously decided to keep the benchmark lending rate unchanged at 6.5%. The committee voted to remain focused on the withdrawal of accommodative monetary policy.”}
On the basis of the given text and common understanding, answer the following questions: (a) Identify and discuss the economic issue indicated in the above text.