Question

Write a short notes on ISSUE PRICE (SHORT!!)

Answer 1

The food grains procured and stored by the government are distributed in food-deficit areas and among the poorer strata of society at a price lower than the market price. This price is known as issue price.

Answer 2

Notes on ISSUE PRICE is as follows:

• The particular price at which they offer shares for sale. This occurs at the time they become available to the public.
• On the first day of their trading, company's share slipped below their issue price.
• In this minimum price rate, to the poor people who are under the poverty line, government gives their food grains to them.