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Business Studies

Production Concept and Product Concept

Ration shops ...

Question

Ration shops also known as _____ keep stocks of food grains, sugar, and kerosene oil for cooking.

A

Few Price Schemes

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B

Fair Price Shops

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C

Fast Price Shops

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D

First Price Shops

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E

None of these

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Solution

The correct option is B Fair Price Shops
Ration shops are also known as 'Fair Price Shops', which keep stock of food grains, sugar, kerosene oil for cooking. Items such as these are sold to people at a price lower than the market price.

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Similar questions

Q. Choose the correct option.

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

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

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.

Q. The government also provides various facilities like making low-priced food grains available through ration shops; ______________.

Q. 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.

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

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