Question

Match List I with List II

Choose the correct answer from the options given below:

• A. A - IV, B - III, C - I, D - II
• B. A - II, B - IV, C - I, D - III
• C. A - IV, B - I, C - III, D - II
• D. A - II, B - III, C - IV, D - I

Hint:

Hamals = Loading/unloading; Commission agent = Physical handling for commission; Merchant = Buy/sell on own account; Broker = Facilitates negotiation.

Answer 1

The Correct Option is B

Step 1: Understanding the Concept:
Market intermediaries perform essential physical and facilitating marketing functions in agricultural mandis.

Step 2: Detailed Explanation:
Matching middlemen with their primary functions:
1. Hamals (A) $\to$ Job of loading and unloading produce in the market yard (II).
2. Commission agents Kaccha arhtiyas (B) $\to$ Takes over physical handling of produce and arranges for sale on commission (IV).
3. Merchant middlemen Wholesalers (C) $\to$ Buy and sell agricultural commodities on their own account, taking title and price risk (I).
4. Brokers Dalals (D) $\to$ Brings together buyer and seller on the same platform for negotiation without handling goods (III).

Step 3: Final Answer:
Matching summary: A $\to$ II, B $\to$ IV, C $\to$ I, D $\to$ III.