Question

Regulated market were established in India on the recommendation of :

• A. Mac Lagan Committee
• B. Royal Commission on Agriculture
• C. Gorwala Committee
• D. Kushro Committee

Answer 1

Answer:

B. Royal Commission on Agriculture

Regulated Markets:

• Regulated Markets Recommended by Royal Commission on Agriculture 1928 and started in 1929
• Royal Commission on Agriculture Headed by H. Calvert
• The present marketing System in India is nothing less than theft-H. Calvert
• According to royal commission 'If Co-operation fail it will fail the best hope of Rural India.’
• Regulated Markets are administered by Market Committee
• Royal Commission on agriculture recommended need for group marketing instead of Individual marketing present marketing.
• Regulated Markets are 2 (Tirur and Ponnani)