Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

In the question given below there are 2 statements marked as Assertion (A) and Reason (R). Choose the correct alternative from the following options.

Assertion (A)- Indian government took various measures to improve the condition of farmers in the market.

Reason (R)- Farmers often sold their produce at a price which was much less than the actual market price due to lack of market information.

Options:

Both (A) and (R) are true and (R) is the correct explanation.

Both (A) and (R) are true but (R) is not the correct explanation of (A).

 (A) Is true but (R) is false.           

(A) Is false but (R) is true.             

Correct Answer:

Both (A) and (R) are true and (R) is the correct explanation.

Explanation:

The measures that were initiated to improve the marketing aspect ofagriculture sector were as follows:

  1. The first step was regulation of markets to create orderly and transparent marketing conditions.
  2. Second component was the provision of physical infrastructure facilities like roads, railways, warehouses, godowns, cold storages and processing units.
  3. Cooperative marketing, in realising fair prices for farmers’ products, was the third aspect of government initiative.
  4. The fourth element was the policy instruments like (i) assurance of minimum support prices (MSP) for agricultural products (ii) maintenance of buffer stocks of wheat and rice by Food Corporation of India and (iii) distribution of food grains and sugar through PDS.