Public Distribution System

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> MSP stands for __________

1. Maximum Selling Price
2. Minimum Selling Price
3. Minimum Support Price
4. Money Servicer Provider

Q. Which of the following can be a reason behind the price rise of goods and services?

1. Inadequate supply of essential commodities
2. Adequate supply of essential commodities
3. Availability of substitute goods and services
4. Decrease in the demand of essential commodities

Q. Buying more goods than what is required is known as boarding.

1. True
2. False

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which of the following statements is incorrect regarding the Public Distribution System?

1. Essential commodities are distributed at a concessional price to the poor.
2. Farmers are paid a fixed price, which is called the maximum support price.
3. Food grains are distributed in fixed quantities.
4. It comprises procurement at minimum prices, buffer stock, and distribution through fair price shops.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> What happens when people buy more goods than what they need?

1. It increases the supply of goods.
2. It creates a scarcity of goods.
3. It increases the price of goods.
4. It decreases the price of goods.

Q. Identify which of the following is true concerning the Public Distribution System.

1. The essential commodities are distributed at a concessional rate.
2. The government purchases the essential commodities from farmers at a very low price.
3. Poor people are provided with essential goods for free.
4. Fixed quantities of essential commodities are provided to poor people.