CTET PAPER II 2019 · PYQ · Markets / Economics · medium
Consider the statements A to E. They form jumbled links in a chain of market, wherein 'Ketchup' reaches a consumer. A. Sona orders ketchup from a neighbourhood shop. B. Farmer buys tomato seeds from a local trader. C. Wholesale merchant bids for tomatoes in the vegetable mandi. D. A small city based food processing unit buys tomatoes. E. Marketing company supplies ketchup to stores. Choose the option that represents the correct sequence in the chain of market:
A.B, C, D, E, A✓ Correct
B.B, D, E, C, A
C.C, B, D, E, A
D.A, B, D, C, E
Explanation
The correct sequence in the chain of market for ketchup reaching a consumer is: First, the farmer buys tomato seeds (B), then grows tomatoes which are taken to the mandi where wholesale merchants bid for them (C), the food processing unit buys these tomatoes (D), processes them into ketchup and the marketing company supplies it to stores (E), and finally the consumer Sona orders it from a neighbourhood shop (A). Hence B, C, D, E, A is the correct sequence.
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