Agricultural Marketing Laws

Description: This quiz will test your knowledge on various Agricultural Marketing Laws in India.
Number of Questions: 15
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Tags: agriculture agricultural marketing indian law
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The Agricultural Produce Market Committee (APMC) Act was first enacted in which year?

  1. 1930

  2. 1935

  3. 1940

  4. 1945


Correct Option: A
Explanation:

The APMC Act was first enacted in 1930 in Bombay Presidency.

What is the primary objective of the APMC Act?

  1. To regulate the marketing of agricultural produce

  2. To provide financial assistance to farmers

  3. To promote agricultural research and development

  4. To ensure food security


Correct Option: A
Explanation:

The primary objective of the APMC Act is to regulate the marketing of agricultural produce in order to protect the interests of both farmers and consumers.

Which of the following is a function of an APMC?

  1. Licensing of traders and commission agents

  2. Fixing of minimum support prices for agricultural produce

  3. Construction and maintenance of market yards

  4. All of the above


Correct Option: D
Explanation:

An APMC performs various functions, including licensing of traders and commission agents, fixing of minimum support prices for agricultural produce, construction and maintenance of market yards, and regulation of market practices.

What is the role of a commission agent in agricultural marketing?

  1. To act as an intermediary between farmers and buyers

  2. To provide financial assistance to farmers

  3. To transport agricultural produce from farms to markets

  4. To store agricultural produce


Correct Option: A
Explanation:

A commission agent acts as an intermediary between farmers and buyers, facilitating the sale of agricultural produce in the market.

Which of the following is a major criticism of the APMC system?

  1. It creates a monopoly for traders and commission agents

  2. It leads to exploitation of farmers

  3. It discourages direct marketing between farmers and consumers

  4. All of the above


Correct Option: D
Explanation:

The APMC system has been criticized for creating a monopoly for traders and commission agents, leading to exploitation of farmers and discouraging direct marketing between farmers and consumers.

The Essential Commodities Act, 1955 was enacted to achieve which of the following objectives?

  1. To prevent hoarding and black marketing of essential commodities

  2. To ensure equitable distribution of essential commodities

  3. To stabilize prices of essential commodities

  4. All of the above


Correct Option: D
Explanation:

The Essential Commodities Act, 1955 was enacted to achieve all of the mentioned objectives, namely, to prevent hoarding and black marketing of essential commodities, to ensure equitable distribution of essential commodities, and to stabilize prices of essential commodities.

Which of the following is an essential commodity under the Essential Commodities Act, 1955?

  1. Wheat

  2. Rice

  3. Sugar

  4. All of the above


Correct Option: D
Explanation:

Wheat, rice, and sugar are all essential commodities under the Essential Commodities Act, 1955.

What is the punishment for hoarding or black marketing of essential commodities under the Essential Commodities Act, 1955?

  1. Imprisonment for up to 7 years

  2. Fine of up to Rs. 10 lakh

  3. Both imprisonment and fine

  4. None of the above


Correct Option: C
Explanation:

Hoarding or black marketing of essential commodities under the Essential Commodities Act, 1955 is punishable with both imprisonment for up to 7 years and fine of up to Rs. 10 lakh.

The Agricultural and Processed Food Products Export Development Authority (APEDA) was established under which Act?

  1. The Agricultural and Processed Food Products Export Development Authority Act, 1985

  2. The Export-Import Policy, 1988

  3. The Foreign Trade (Development and Regulation) Act, 1992

  4. None of the above


Correct Option: A
Explanation:

APEDA was established under the Agricultural and Processed Food Products Export Development Authority Act, 1985.

What is the primary function of APEDA?

  1. To promote the export of agricultural and processed food products from India

  2. To regulate the import of agricultural and processed food products into India

  3. To provide financial assistance to exporters of agricultural and processed food products

  4. All of the above


Correct Option: A
Explanation:

The primary function of APEDA is to promote the export of agricultural and processed food products from India.

Which of the following is a major initiative of APEDA to promote the export of agricultural and processed food products?

  1. The Agricultural Export Policy

  2. The National Horticulture Mission

  3. The Food Processing Industry Policy

  4. All of the above


Correct Option: D
Explanation:

APEDA has undertaken various initiatives to promote the export of agricultural and processed food products, including the Agricultural Export Policy, the National Horticulture Mission, and the Food Processing Industry Policy.

The National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) was established in which year?

  1. 1958

  2. 1963

  3. 1968

  4. 1973


Correct Option: A
Explanation:

NAFED was established in 1958.

What is the primary objective of NAFED?

  1. To promote cooperative marketing of agricultural produce

  2. To provide financial assistance to farmers

  3. To undertake price support operations for agricultural produce

  4. All of the above


Correct Option: D
Explanation:

NAFED's primary objective is to promote cooperative marketing of agricultural produce, provide financial assistance to farmers, and undertake price support operations for agricultural produce.

Which of the following is a major activity of NAFED?

  1. Procurement of agricultural produce from farmers

  2. Export of agricultural produce

  3. Distribution of agricultural inputs to farmers

  4. All of the above


Correct Option: D
Explanation:

NAFED undertakes various activities, including procurement of agricultural produce from farmers, export of agricultural produce, and distribution of agricultural inputs to farmers.

The Agricultural Produce (Grading and Marketing) Act, 1937 was enacted to achieve which of the following objectives?

  1. To establish standards for grading of agricultural produce

  2. To regulate the marketing of agricultural produce

  3. To promote the export of agricultural produce

  4. All of the above


Correct Option: D
Explanation:

The Agricultural Produce (Grading and Marketing) Act, 1937 was enacted to achieve all of the mentioned objectives, namely, to establish standards for grading of agricultural produce, to regulate the marketing of agricultural produce, and to promote the export of agricultural produce.

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