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Question

In, India, markets in agricultural products are regulated under the
(a) Essential Commodities Act, 1955
(b) Agricultural Produce Market Committee Act enacted by States
(c) Agricultural Produce (Grading and Marking) Act, 1937
(d) Food Products Order, 1956 and Meat and Food Products Order, 1973

Answer:

B

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Explanation:

In India, markets in agricultural products are regulated under the Agricultural Produce Market Committee (APMC) Act enacted by individual states. The APMC Act provides for the establishment of market committees at the local level to regulate the buying and selling of agricultural produce. These committees ensure fair practices, price discovery, and market transparency for agricultural commodities.

(a) Essential Commodities Act, 1955: This act empowers the central government to regulate the production, supply, and distribution of essential commodities during extraordinary circumstances such as war, famine, or price manipulation. It is not specifically focused on regulating markets for agricultural products.

(c) Agricultural Produce (Grading and Marking) Act, 1937: This act provides for the grading and marking of agricultural produce to ensure quality standards and fair trade practices. It is primarily concerned with quality assurance rather than market regulation.

(d) Food Products Order, 1956 and Meat and Food Products Order, 1973: These orders pertain to the regulation of specific food products and their manufacturing, processing, and distribution. They do not specifically address the regulation of markets for agricultural products.

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