Question
The price at which the Government purchase foodgrains for maintaining the public distribution system and for building up buffer stocks are known as
Answer: Option A
Answer: (a)
The price at which the Government purchases foodgrains for maintaining the public distribution system and for building up buffer stocks are known as procurement prices.
Minimum support price: It is a form of market Intervention by Govt. of India to insure agricultural producers against any sharp fall in farm price. M.S.P. was announced by the Govt of India.
Issue price: It is the price at which shares are offered to retail investors in the IPO issue.
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Answer: (a)
The price at which the Government purchases foodgrains for maintaining the public distribution system and for building up buffer stocks are known as procurement prices.
Minimum support price: It is a form of market Intervention by Govt. of India to insure agricultural producers against any sharp fall in farm price. M.S.P. was announced by the Govt of India.
Issue price: It is the price at which shares are offered to retail investors in the IPO issue.
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