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Question

On which commodity the Government can not pass ordinance and raise prices ?

A
Petroleum products
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B
Vegetables
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C
Electricity
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D
Natural gas
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Solution

The correct option is B Vegetables
Government cannot pass ordinance to increase prices of vegetables as vegetable prices are not regulated by the Government. Prices are determined by demand and supply in the market. However, in other commodities mentioned, government may intervene to regulate prices.

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