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Items Excluded in GDP

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Question

Give the list of stock kept by ration shops or fair price shops.

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Solution

Ration shops or Fair Price shops keep stock of foodgrains, sugar and kerosene oil for cooking.

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Q. Which of the following is responsible for the establishment of fair price shops or ration shops?

Q. Fair Price Shops and Ration Shops distribute:

Q. Write notes on:
(a) Minimum support price
(b) Buffer stock
(c) Issue price
(d) Fair price shops

Write notes on:

(a) Minimum support price

(b) Buffer stock

(c) Issue price

(d) Fair-price shops

Q. Choose the correct option.

Assertion (A): Ration shops are called fair price shops.

Reason (R): Ration shops sell essential household items like foodgrains, kerosene, cooking oil, and other essential items.

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