Question

difference between buffer stock and buffer norms

Answer 1

Buffer norms are the minimum reserve of a commodity that must be kept in storage . Norms mean rules and these norms tell the government what is the minimum amount of ,
For example , food grains that the government must maintain as buffer stock . The actual buffer stock can be higher than the one ruled by the buffer norms .

Answer 2

Buffer stock and buffer norms

Explanation:

• A buffer norm is the minimum food grains that a central government should maintain to ensure the supply of the public distribution system and other welfare measures.  

• A buffer stocks are a system or scheme that buys and stores the stocks at the time of the good harvest and to prevents the prices falling below the target range and releases the stocks at a bad harvest to present the price rise.  

• Thus the buffer stock act as a reserve for the sudden increase of the market prices and refer to the central pool.

Learn more about the buffer stock and buffer norms.

• brainly.in/question/3301884 answered by Shubh110.