Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Which of the following is considered as a defect in the agricultural marketing system?

Options:

Fair pricing

Lack of storage facilities

Regulated marketing

Both 2 and 3

Correct Answer:

Lack of storage facilities

Explanation:

The correct answer is Option 2: Lack of storage facilities

The defect in the agricultural marketing system highlighted here is the lack of storage facilities. This issue leads to problems such as post-harvest losses, distress sales by farmers, and wastage of produce.

Markets are regulated by the state for a more transparent marketing conditions and fair pricing of crops. So it is an advantage.