what is the buffer stock and explain them
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buffer stock is a system or scheme which buys and stores stocks at times of good harvests to prevent prices falling below a target range (or price level), and releases stocks during bad harvests to prevent prices rising above a target range (or price level).
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Explanation:
Buffer stock is the stock of wheat and rice procured by the government. The stock is supplied to the markets and sold to the customers through ration shops and fair price shops ect, at a cost lesser than the normal price
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