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5) It is argued that the fixed maximum retail price (MRP) is an archaic and dysfunctional mechanism that hurts both retailers and the consumers it seeks to protect. Do you agree? Substantiate.

Topic: Indian economy –  Resource Mobilization

5) It is argued that the fixed maximum retail price (MRP) is an archaic and dysfunctional mechanism that hurts both retailers and the consumers it seeks to protect. Do you agree? Substantiate.  (200 Words)

The Hindu