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Discussion

Consider the following statements:1. Government of India has set up a Price Monitoring Cell(PMC) in the department of Agriculture to monitor and analyze price data and trends of availability of essential commodities. 2. Price Monitoring Cell (PMC) monitors 21 essential commodities.

Select the above correct statements

  • A.Only 2
  • B.Only 1
  • C.1 and 2
  • D.Neither 1 nor 2

Answer: A

Correct answer: Only 2

The first statement misplaces the cell. The Price Monitoring Cell sits in the Department of Consumer Affairs, not the Department of Agriculture, and that is not an accident of administration: consumer prices and the availability of essential commodities are the Consumer Affairs mandate, while Agriculture is concerned with production.

The second statement is correct as to what the cell does - it tracks the retail and wholesale prices of a defined list of essential commodities, reported daily from centres across the country, so that the government can act on shortages and spikes. With one statement false and one true, only the second stands.

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