Consider the following statements about regulated markets:
(A) Regulation of markets was the first step taken to create orderly and transparent marketing conditions.
(B) Regulation of markets benefited farmers but not consumers.
(C) In 2016, the Union Government launched e-NAM, a Pan-India online portal connecting mandis and regulated market yards.
(D) Most small towns have regulated market yards.
(E) Farmers can sell their produce in regulated market yards but cannot store it there.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → (A), (C) and (D) only
Regulated markets were the first marketing measure. Today the e-NAM portal links them online.
(A) Regulation of markets was the first step taken to create orderly and transparent marketing conditions. — Correct. This was the first step.
(B) Regulation of markets benefited farmers but not consumers. — Incorrect. It benefited farmers as well as consumers.
(C) In 2016, the Union Government launched e-NAM, a Pan-India online portal connecting mandis and regulated market yards. — Correct. e-NAM links mandis and regulated market yards (RMYs) online.
(D) Most small towns have regulated market yards. — Correct. Farmers can go to them and sell their produce.
(E) Farmers can sell their produce in regulated market yards but cannot store it there. — Incorrect. Farmers can also store their goods in the yard.
NCERT (2026-27): “5.4 Agricultural Market System … The first step was regulation of markets to create orderly and transparent marketing conditions. By and large, this policy benefited farmers as well as consumers. …” “Work These Out … Most small towns have regulated market yards. Farmers can go to these markets and sell their produce. They can also store their goods in the yard. In 2016, Union Government launched a portal named e-National Agriculture Market (e-NAM), and a Pan-India online portal by connecting mandis and RMYs. …” |