Traders at Agricultural Market Yard are required by the authorities to pay ___ of the purchase cost.

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Solution

The correct option is D 1%
In order to buy from AMY, each trader is required to pay license fee. When a produce is purchased by a trader, he/she is required to pay 1% of the trading value if they buy anything in the auction.

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Similar questions

Q. Traders at Agricultural Market Yards often charge the producers ___ of the purchase cost.

Q43. Which of the following is/are the components of the National Agriculture Market?

1. Single point levy of market fees

2. One license for a trader valid across all markets in the State.

3. Liberal licensing of traders / buyers and commission agents by State authorities without any pre-condition of physical presence or possession of shop /premises in the market yard

Select the correct code:

Q. Agricultural Market Yards are suitable for _____.

Agricultural markets are dominated by the private traders like moneylenders, rural political leaders, big merchants and rich farmers

Q. What is the prerequisite for a buyer at an Agricultural Market Yard?

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Traders at Agricultural Market Yard are required by the authorities to pay ___ of the purchase cost.

The correct option is D 1%In order to buy from AMY, each trader is required to pay license fee. When a produce is purchased by a trader, he/she is required to pay 1% of the trading value if they buy anything in the auction.

The correct option is D 1%
In order to buy from AMY, each trader is required to pay license fee. When a produce is purchased by a trader, he/she is required to pay 1% of the trading value if they buy anything in the auction.