Regulation of markets aim to create orderly and transparent marketing conditions. Name the group that has been benefited from its:

Consumers and farmers

The correct answer is option (3) : Consumers and farmers

Regulation of markets aims to create orderly and transparent marketing conditions, benefiting both producers and buyers by ensuring fair practices, reducing exploitation, and improving market efficiency. This typically benefits both consumers and farmers, as it helps ensure fair prices and quality products for consumers while providing farmers with better access to markets and fair compensation for their produce.