Question

plz fast
what is poverty
what is poverty line
what is buffer stock
full form of msp​

Answer 1

Answer:

The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country. Poverty line is usually calculated by finding the total cost of all the essential resources that an average human adult consumes in one year.

Buffer stock is the stock of food grains (e.g., wheat,rice etc.) procured by the government through Food Corporation of India (FCI). It is created in order to distribute food grains in deficit areas and among poorer section of society at an affordable price.

Full form of MSP is Minimum Support Price.

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