Practicing Success

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 current infrastructure facilities are quite inadequate to meet the growing demand and need to be improved. Infrastructure facilities like roads, railways, warehouses, godowns, cold storages and processing units are not properly developed. Due to inadequacy of storage facilities, a large amount of food items is wasted.

Whereas, markets are regulated by the state for a more transparent marketing conditions and fair pricing of crops.