While recommending price policy of various commodities under its mandate, Commission for Agricultural Costs & Prices (CACP) analyzes which of the following Terms of Reference (ToR)?
1. Price trends in the market, both domestic and international
2. Terms of trade between agriculture and non-agriculture
3. Demand and supply
Select the correct answer using the code given below.
1
1 only
2
2 and 3 only
3
3 only
4
1, 2 and 3