Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:
What was the role of "Cooperative marketing" in the agricultural sector?
Options:
Realised fair prices to farmers for their produce
Sell the produce collectively in order to have an advantage of collective bargaining
Formed societies and bargained in order to secure a better price
All of the above
Correct Answer:
All of the above
Explanation:
Collective marketing was one of the initiatives taken by the government in order to secure a better price for the farmers. Under this system, farmers get together and form marketing societies to sell the produce effectively and take benefit of collective bargaining.