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Public Distribution System and Buffer Stock

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Question

The stock procured from farmers at the maximum support price is called buffer stock.

A

False

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B

True

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Solution

The correct option is A False

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Q. Buffer stock is the stock of foodgrains procured by the government through _____.

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.

Buffer stock is the stock of food grains procured by the government through:

Q. Who procures the buffer stock in India?

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

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Public Distribution System and Buffer Stock

Standard IX Economics

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