10. Write notes on: (a) Minimum support price (b Buffer stock (c) Issue price (d) Fair price shops
Answers
Answer:
When the FCI purchases the foodgrains from the farmers with surplus production, they are paid a pre announced price. To give incentives to the farmers to raise crop production, the Government declares the Minimum Support Price (MSP) before the beginning of the sowing season.
The issue price is the price at which shares are offered for sale when they first become available to the public. ... The issue price is the price at which shares are offered for sale when they first become available to the public.
Fair price shop (FPS)
Locally these are known as ration shops and public distribution shops, and chiefly sell wheat, rice and sugar at a price lower than the market price called Issue Price. Other essential commodities may also be sold. To buy items one must have a ration card.
Answer:
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