A committee appointed in 1977 to review the working of the Panchayati Raj was chaired by…? (IFFCO 2022)

• An assumption is something that is implicitly taken for granted when making a statement. In this case, neither assumption is necessarily implied by the statement:
-Assumption I: The statement doesn't suggest that consumers previously didn't care about prices and quality. It simply states that demands are increasing with changing market trends and competition. Consumers likely always cared about these factors, but their expectations and awareness may be higher now.
-Assumption II: The statement implies the opposite – that market competitiveness is beneficial for consumers as it leads to increasing demands for better prices and quality. Competition generally drives businesses to improve their offerings to attract customers.