What was the main purpose of establishing the Agricultural Prices Commission in 1965?

The correct answer is: To determine the prices for various farm products purchased by the government

Explanation:
The Agricultural Prices Commission (APC) was set up in India in January 1965 to advise the government on agricultural price policy. Its primary goal was to recommend minimum support prices (MSPs) and procurement prices for various agricultural commodities. By doing so, the commission aimed to encourage farmers to adopt modern agricultural technology and increase production while ensuring that the government could purchase foodgrains and other essential crops at fair, pre-determined rates for distribution and buffer stocking. Therefore, its main purpose was to determine the prices at which the government would purchase agricultural products from farmers.