Consider the following statements:
Procurement of food grains at support prices.
1) Ensures stability in farm prices.
2) Ensures remunerative prices to farmers.
3) Helps building public stocks of food grains.

1 and 2

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2 and 3

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1 and 3

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1, 2 and 3

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Solution

The correct option is D 1, 2 and 3
Procurement of food grains at support price by government has many social and economic objectives like stability in price of food grain, profitable remuneration to farmers and to support in building public stocks of food grains.

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Similar questions

59. Consider the following statements

1. Regarding the procurement of food-grains, Government of India follows a procurement target rather than an open–ended procurement policy.

2. Government of India announces minimum support prices only for cereals.

3. For distribution under Targeted Public Distribution System (TPDS), wheat and rice are issued by the Government of India at uniform central issue prices to the States/Union Territories.

Which of the statements given above is/are correct?

Q. The economic cost of food grains to the Food Corporation of India is Minimum Support Price and bonus (if any) paid to the farmers plus

Q. Which of the following schemes of the Govt of India is planned to help farmers by providing a competitive price to their produce?
(A) Minimum support price of agro products
(B) Creating buffer stock of food grains
(C) Making loans available to them on special and subsidized rates of interest

Q3. Identify the correctly matched Pair
1. M S P - Pre announced price for crops

2. Issue price - The price of food grains in

ration shops

3. Procurement cost -The final price at which government buys the food grains

60. Consider the following statement,

India continues to be dependent on imports to meet the requirement of oilseeds in the country because:

1. farmers prefer to grow food grains with highly remunerative support prices.

2. most of the cultivation of oilseed crops continues to be dependent on rainfall.

3. oils from the seeds of free origin and rice bran have remained unexploited.

4. it far cheaper to import oilseeds than to cultivate the oilseed crops.

Which of the statements given above are correct?

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Consider the following statements: Procurement of food grains at support prices.1) Ensures stability in farm prices.2) Ensures remunerative prices to farmers.3) Helps building public stocks of food grains.

The correct option is D 1, 2 and 3Procurement of food grains at support price by government has many social and economic objectives like stability in price of food grain, profitable remuneration to farmers and to support in building public stocks of food grains.

Consider the following statements:
Procurement of food grains at support prices.
1) Ensures stability in farm prices.
2) Ensures remunerative prices to farmers.
3) Helps building public stocks of food grains.

The correct option is D 1, 2 and 3
Procurement of food grains at support price by government has many social and economic objectives like stability in price of food grain, profitable remuneration to farmers and to support in building public stocks of food grains.