Drawbacks of MSP

Q.

Bumper production boon or bane for farmers?

Q. Kiran chose to produce excess rice as the MSP for rice was high that year. A lot of other farmers produced rice the same year. Which of the following outcome(s) seem(s) probable for the given situation?

1. There would be a fall in the underground water levels.
2. There would be more crops for consumption.
3. The quality of the foodgrains deteriorates and leads to wastage.
4. The production of millets reduces.

Q. The government declares a prescribed quantity of foodgrains to be stored for PDS. This is called the .

1. buffer stock
2. buffer norm
3. storage stock
4. prescribed stock

Q. When there is more stock than what the buffer norms specify, then the condition is __________.

1. Favourable
2. Unfavourable