Question

How are prices set in Rythu Bazars?

• A. A committee consisiting of three farmers is empowered to set the prices.
• B. Officers set the prices.
• C. The committee sees to that the price is 25 per cent more than the wholesale price and 25 per cent less than the retail price.
• D. Traders set the prices.

Answer 1

Answer: (A), (C)

The correct options are
A A committee consisiting of three farmers is empowered to set the prices.
C The committee sees to that the price is 25 per cent more than the wholesale price and 25 per cent less than the retail price.

The price for bazaar products is fixed daily in the morning by a committee consisiting of three farmers. The principle is that the price should be around 25 per cent more than the wholesale price and 25 per cent less than the retail price.
The price for bazaar products is fixed daily in the morning by the officers in consultation with a committee set up for the purpose comprising three farmers. The principle is that the price should be around 25 per cent more than the wholesale price and 25 per cent less than the retail price.