economics medium MCQ

What is the primary objective of the e-NAM (National Agriculture Market) portal launched by the Government of India?

  1. To provide direct subsidies to farmers' bank accounts
  2. To create a unified national market for agricultural commodities by networking existing APMC mandis
  3. To export Indian agricultural produce to foreign markets exclusively
  4. To regulate the prices of fertilizers and seeds

Answer: To create a unified national market for agricultural commodities by networking existing APMC mandis

e-NAM is a pan-India electronic trading portal that networks the existing Agricultural Produce Market Committee (APMC) mandis. By enabling online bidding and transparent price discovery, it aims to break down interstate trade barriers, ensure farmers get better remunerative prices, and reduce the influence of middlemen.

Topic Indian Economy - Agriculture
Exam Relevance UPSC Prelims, SSC CGL, Railway
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