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Discussion

Consider the following

1. Trade and earn revenue

2. Become the sole controller of food grain supply

3. Prevent Black marketing

Which among the following are the primary objectives of the government to buy food grains directly from the farmers?

  • A. 1 and 2
  • B.Only 1
  • C.Only 3
  • D.1, 2 and 3

Answer: C

Black Market may emerge due to a shortage or limitation of products and due to convenience of merchandise available for cheap sale or resale. Also they are encouraged by buyers who have no regard for legality of supply and sale.

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