Question

Arrange the following institutions based on year of set up in India from early to latest one:
A. Tea board of India
B. Cotton corporation of India
C. Marine products export development authority (MPEDA)
D. Agricultural & processed food products export development authority (APEDA)
E. Agricultural price commission (APC now CACP)

• A. A, E, B, C, D
• B. A, B, C, D, E
• C. E, A, B, C, D
• D. E, A, C, B, D

Hint:

APEDA is a relatively modern authority (1985/86), placing 'D' at the end of the timeline. The Tea Board (1953/54) is the oldest on this list, starting the sequence with 'A'.

Answer 1

The Correct Option is A

Step 1: Understanding the Concept:
Establishing commodity boards and export promotion agencies helps regulate market dynamics and promote international trade for specific agricultural sectors.

Step 2: Detailed Explanation:
Let us identify the establishment years of these statutory bodies:
1. Tea Board of India (A): Established under the Tea Act of 1953, it was formally set up in 1954.
2. Agricultural Price Commission (E): Set up in January 1965 (later renamed Commission for Agricultural Costs and Prices, CACP, in 1985).
3. Cotton Corporation of India (B): Established in 1970 under the Companies Act as a public sector agency.
4. Marine Products Export Development Authority (C): Set up in 1972 under the MPEDA Act.
5. Agricultural and Processed Food Products Export Development Authority (D): Established by an Act of Parliament in December 1985 and began operations in 1986.
Thus, the chronological order from earliest to latest is A (1954) $\rightarrow$ E (1965) $\rightarrow$ B (1970) $\rightarrow$ C (1972) $\rightarrow$ D (1986).

Step 3: Final Answer:
The chronological sequence is A, E, B, C, D, corresponding to Option (A).