Which of the following are the objectives of the Commission for Agricultural Costs and Prices (CACP)? 1. I. To stabilise agricultural prices. 2. II. To ensure meaningful real income levels to the farmers. 3. III. To protect the interest of the consumers by providing essential agricultural commodities at reasonable rates through public distribution system. 4. IV. To ensure maximum price for the farmer. Select the correct answer from the codes given below:

1. The question asks for the objectives of the Commission for Agricultural Costs and Prices (CACP). 2. The CACP is an advisory body attached to the Ministry of Agriculture & Farmers Welfare, Government of India. Its primary role is to recommend Minimum Support Prices (MSPs) for various agricultural crops. 3. I. To stabilise agricultural prices: By recommending MSPs, CACP aims to prevent excessive falls in farm prices, thus contributing to price stability. This is an objective. 4. II. To ensure meaningful real income levels to the farmers: Ensuring remunerative prices for farmers to cover costs and provide a reasonable income is a core objective behind MSP recommendations. 5. III. To protect the interest of the consumers by providing essential agricultural commodities at reasonable rates through public distribution system: While recommending MSPs, CACP considers the potential impact on consumers and the general price level. Ensuring availability through PDS at reasonable rates is also a linked government objective that CACP's recommendations influence. Hence, this is also considered an objective in the broader sense. 6. IV. To ensure maximum price for the farmer: CACP aims for remunerative prices, not necessarily the absolute maximum price possible, as it needs to balance farmer income with consumer interests and market realities. 7. Therefore, objectives I, II, and III align with the functions and goals of the CACP.