Topic Details (Notes format)

Agricultural Marketing and Supply Chain

Subject: Economics

Book: Comprehensive Indian Economy

Robust agricultural marketing systems ensure fair farmer prices, reduce wastage, and benefit consumers. India’s marketing channels suffer from fragmentation and inefficiencies, often leading to high post-harvest losses. Government-led agencies like FCI manage buffer stocks, while APMC acts impose regulations on mandis. Reform measures—like direct farmer-market links, contract farming, and e-NAM—seek to improve transparency and competition. Understanding logistics, cold chains, and the role of cooperatives (AMUL model) is vital. Questions may arise on how marketing reforms can tackle middlemen exploitation, enhance exports, and integrate farmers into value chains.

Practice Questions

Which of the following is considered a public good?

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What is the term for goods that are used together, such as cars and fuel?

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Which of the following causes demand-pull inflation?

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What is meant by the term “current account deficit”?

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What does “primary sector” of the economy include?

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Which organization publishes the Human Development Index (HDI)?

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Which of the following measures can reduce a trade deficit?

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What is the main purpose of monetary policy?

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What does “balance of trade” refer to?

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What is the primary goal of a progressive tax system?

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