Which of the following statements about the Agricultural Produce Market Committee (APMC) Acts is/are true?
1. APMCs regulate the trading of agricultural produce within designated markets.
2. Traders and commission agents must obtain licenses to operate in APMC markets.
3. APMCs eliminate all intermediaries, ensuring direct sales between farmers and consumers.
1
Only 1
2
Only 2
3
1 and 2
4
2 and 3
5
Only 3