With reference to the Open Market Sale Scheme (OMSS) which one of the following statements is incorrect?
1
The Open Market Sale Scheme (OMSS) is a mechanism through which the government of India sells agricultural commodities through an e-auction process.
2
The OMSS aims to ensure availability of agricultural commodities to the public at reasonable prices
3
Recently GOI implemented the OMSS for wheat due to reduction in production of wheat.
4
The Agricultural and Processed Food Products Export Development Authority (APEDA) plays a significant role in the implementation of the OMSS.