MCQB: Mixed Commodity Quotations Board in India
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Questions and Answers

MCQB का उद्देश्य केंद्रीकृत करने के लिए है विभिन्न बोर्डों के ऑपरेशन्स का प्रबंधन करना।

False

MCQB में मध्यमैन व्यापारिकों के माध्यम से अंतरद्रोह को कम करने का उद्देश्य है।

False

MCQB ने अंतर्राष्ट्रीय व्यापार पर पूरी तरह से निर्भरता कम करने में सहायक होने के लिए सुनिश्चित किया है।

False

MCQB मसालों, सुगंधित तेल, सूती कपास, कॉफी, चाय, और रबर जैसी माल-प्रणाली पर परिचालित होता है।

<p>False</p> Signup and view all the answers

MCQB का प्रमुख कार्यक्षेत्र है संचय, परिवहन, प्रसंस्करण, और मार्केटिंग संबंधी पोस्ट-हार्वेस्ट प्रबंधन के क्रियान्विति।

<p>False</p> Signup and view all the answers

MCQB में सहीमेन, परिचीक्षा, और निगरानी की निषेधक नियंत्रित मेकेनिजम होते हैं।

<p>False</p> Signup and view all the answers

Study Notes

MCQB is short for Mixed Commodity Quotations Board, which was established by the Indian Government as a market platform for commodities such as sugar, pulses, oilseeds, spices, cotton fiber, coffee, tea, and rubber. It aims to centralize the operations of various boards overseeing these materials and provides real-time information through trading forums to improve transparency and efficiency in trade transactions.

The idea behind establishing the board came from the need to reduce intermediaries—such as middlemen traders—in agricultural markets, thereby lowering marketing costs significantly and increasing farmers' income. This board allows easier access to global commodity markets and helps domestic producers develop their own businesses without relying too much on international trading. By regulating prices more effectively, it also contributes to improving food security within India.

In terms of its operational structure, MCQB functions under the Department of Agriculture and Cooperation with independent regulatory control mechanisms like physical inspections, audits, and monitoring checks implemented periodically. Its primary function includes post-harvest management activities related to warehousing, transportation, processing, and marketing of the goods produced during the harvest season.

With this establishment, agriculture has become increasingly remunerative. Farmers can now sell directly to the wholesale market rather than selling them to middlemen who would later resell them to exporters or manufacturers. Moreover, because of the MCQB, there is increased competitiveness among buyers and sellers due to price transparency, leading to better economic conditions for both sectors.

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Description

Learn about the establishment and functions of the Mixed Commodity Quotations Board (MCQB) by the Indian Government, aimed at improving transparency and efficiency in trading commodities like sugar, pulses, oilseeds, and more. Explore how MCQB helps reduce intermediary roles, enhance global market access for domestic producers, and regulate prices effectively for improved food security.

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