Question:
Match List I with List II
List I & List II
A. Grading & I. To overcome distress sales
B. Processing & II. Value addition
C. Market Finance & III. To overcome price risk
D. Hedging & IV. Quality and purity of goods
Choose the correct answer from the options given below:
Match List I with List II
List I & List II
A. Grading & I. To overcome distress sales
B. Processing & II. Value addition
C. Market Finance & III. To overcome price risk
D. Hedging & IV. Quality and purity of goods
Choose the correct answer from the options given below:
List I & List II
A. Grading & I. To overcome distress sales
B. Processing & II. Value addition
C. Market Finance & III. To overcome price risk
D. Hedging & IV. Quality and purity of goods
Choose the correct answer from the options given below:
Show Hint
Exam Tip:
Grading: Quality assurance.
Processing: Adds value.
Market Finance: Prevents distress sales.
Hedging: Protects against price risk.
Grading: Quality assurance.
Processing: Adds value.
Market Finance: Prevents distress sales.
Hedging: Protects against price risk.
Updated On: Aug 27, 2026
- A - IV, B - II, C - I, D - III
- A - IV, B - III, C - I, D - III
- A - II, B - IV, C - I, D - III
- A - II, B - I, C - IV, D - III
Show Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Understanding the Concept:
This question tests knowledge of agricultural marketing concepts and their purposes. Each term in List I has a specific function in marketing.
Step 2: Detailed Matching:
Let's match each term with its correct purpose:
• A. Grading: Grading is the process of sorting agricultural produce based on quality, size, and purity standards. Its purpose is to ensure Quality and Purity of Goods.
_ _ _ _ Match: A - IV
• B. Processing: Processing involves transforming raw agricultural commodities into finished products (e.g., milling wheat into flour, making juice). This adds value to the product. Its purpose is Value Addition.
_ _ _ _ Match: B - II
• C. Market Finance: Market finance refers to the credit facilities available to farmers and traders to market their produce. This helps them avoid selling immediately after harvest at low prices. The purpose is To Overcome Distress Sales.
_ _ _ _ Match: C - I
• D. Hedging: Hedging is a risk management strategy used in commodity markets. It involves taking an opposite position in the futures market to protect against price fluctuations. The purpose is To Overcome Price Risk.
_ _ _ _ Match: D - III
Step 3: Final Answer:
The correct matching is A-IV, B-II, C-I, D-III, which corresponds to option (A).
This question tests knowledge of agricultural marketing concepts and their purposes. Each term in List I has a specific function in marketing.
Step 2: Detailed Matching:
Let's match each term with its correct purpose:
• A. Grading: Grading is the process of sorting agricultural produce based on quality, size, and purity standards. Its purpose is to ensure Quality and Purity of Goods.
_ _ _ _ Match: A - IV
• B. Processing: Processing involves transforming raw agricultural commodities into finished products (e.g., milling wheat into flour, making juice). This adds value to the product. Its purpose is Value Addition.
_ _ _ _ Match: B - II
• C. Market Finance: Market finance refers to the credit facilities available to farmers and traders to market their produce. This helps them avoid selling immediately after harvest at low prices. The purpose is To Overcome Distress Sales.
_ _ _ _ Match: C - I
• D. Hedging: Hedging is a risk management strategy used in commodity markets. It involves taking an opposite position in the futures market to protect against price fluctuations. The purpose is To Overcome Price Risk.
_ _ _ _ Match: D - III
Step 3: Final Answer:
The correct matching is A-IV, B-II, C-I, D-III, which corresponds to option (A).
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