How are prices fixed for produce that is sold in Rythu Bazaars?

Based on auction.

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Prices are fixed by a committee comprising of three farmers.

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Price is fixed around 25 percent more than wholesale price.

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Price is fixed around 25 percent less than retail price.

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Solution

The correct options are
B Prices are fixed by a committee comprising of three farmers.
C Price is fixed around 25 percent more than wholesale price.
D Price is fixed around 25 percent less than retail price.
In Rythu Bazaars, prices are fixed in the morning after consultation with a committee comprising of three farmers. The prices are generally fixed around 25 percent more than wholesale price and 25 percent less than the retail price.

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