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Question

In _____, Agricultural Price Commission (now rechristened as Commission for Agricultural Costs and Prices (CACP) was set up to advice the Government from time to time on appropriate price policies for agricultural commodities.

A
1965
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B
1975
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C
1985
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D
1995
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Solution

The correct option is C 1965
On 1st January 1965, Agricultural Price Commission was set up which later rechristened as Commission for Agricultural Costs and Prices (CACP) to advice the Government from time to time on appropriate price policies for agricultural commodities so all different consumers groups can be protected from price distrimination in the market.

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