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Standard XII
Business Studies
Pricing
The shops est...
Question
The shops established to distribute essential commodities to people by the Government are _______.
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Solution
The shops are called Fair Price shops. They chiefly sell rice, wheat and sugar at a price lower than the market price.
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Q.
The government targets poverty through
scheme, where essential commodities are distributed to poor families at a highly subsidised rate.
Q.
_________ is a government-sponsored chain of shops that distributes basic food and non-food commodities to the poor sections of the society at very low prices.
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Fair price shops distribute commodities to the general public __________
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Identify the relationship between the two statements by selecting the best option:
1. The price of essential commodities has seen a steep rise in the past month.
2. People have called for a strike to oppose the new Government's economic policy.
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Through the ____________________, the government targets poverty by ensuring that the poor can afford essential commodities.
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