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Political Science · Q63

Governance and Public Policy in India

Graduate and Post Graduate · Political Science · question 63

Q63

Essential Commodities Act (ECA), 1955 was in news recently. Which of the following statement(s) is/are incorrect about ECA? 1. ECA was enacted to ensure the easy availability of essential commodities to consumers. 2. Government intervention through ECA can increase price volatility of essential Commodities 3. ECA incentivises storag e infrastructure development Select the correct answer:

A.
1 and 2 only
B.
1 and 3 only
C.
3 only
Answer
D.
1, 2 and 3

Answer: Option C

Solution

Answer: Option C
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