Comprehension

Read the given passage and answer the following questions :
Some measures initiated to improve the marketing aspect to regulation of market to create orderly and transparent marketing conditions. Hence this policy benefited the farmers and as well as consumers. Another measure is a physical infrastructure facilities like roads, railways, Godowns, storages, warehouses and processing units. This aspect is cooperative in realising fair prices for farmers. The Fourth element of policy instrument of Govt is assurance of minimum support prices for Agricultural products and maintenance of buffer stocks of wheat and rice by food corporation of India and distribution of food grains and sugar through PDS. These instruments are aimed at protecting the income of the farmers and providing food grains at a subsidised rate to the poor.

Question: 1

How many measures are taken by the Govt to improve marketing ?

Updated On: Sep 23, 2024
  • Four
  • Three
  • One
  • None
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The Correct Option is A

Solution and Explanation

The correct option is (A) :Four.
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Question: 2

What is Cooperative marketing ?

Updated On: Sep 23, 2024
  • It is the assurance of minimum support price for Agricultural products.
  • To maintain buffer stocks of wheat and rice.
  • It is the policy instrument in realising fair prices for farmers.
  • To maintain physical Infrastructure
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The Correct Option is C

Solution and Explanation

The correct option is (C) :It is the policy instrument in realising fair prices for farmers.
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Question: 3

What is MSP ?

Updated On: Sep 23, 2024
  • It is the minimum support price
  • It is the stock of wheat and rice.
  • It is cooperative marketing
  • It is the income of farmers
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The Correct Option is A

Solution and Explanation

The correct option is (A) :It is the minimum support price.
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Question: 4

Why the Govt has taken initiative to improve marketing ?

Updated On: Sep 23, 2024
  • To create schools in village.
  • To create orderly transparent marketing conditions and to improve marketing aspect.
  • To educate farmers about farming.
  • To create proper communication facilities in villages.
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The Correct Option is B

Solution and Explanation

The correct option is (B) :To create orderly transparent marketing conditions and to improve marketing aspect.
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Question: 5

What is the third aspect of Govt Initiative ?

Updated On: Sep 23, 2024
  • To improve marketing aspect
  • To protect income of farmers
  • To control MSP
  • Cooperative Marketing
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The Correct Option is D

Solution and Explanation

The correct option is (D) :Cooperative Marketing.
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