Question

Which one of the following measures comes under stabilization policies for agricultural goods?

• A. Increases in irrigation facilities
• B. Adoption of high yielding variety of seeds
• C. Strengthening the public distribution system
• D. Appropriate support prices

Answer 1

Answer: (D)

Appropriate support prices

Support prices are declared by government to check the fall in the market prices of agriculture goods. Support price provides the profitable remuneration to the farmers for their crop and stabilise market rate of food grains.