Question

write notes on(a). Minimum support price (b). buffer stock (c) issue price ( d ) fair - price shops ​

Answer 1

a). A cash amount or price given farmers after or before harvest

b). A stick used at the time crisis or the state of being without food

c).___

d). A place where shops will sell the products in a reliable price

Answer 2

Answer:

a) Minimum support price:

Wheat and rice is bought from the farmers at the pre announced prices by the Food Corporation of India ( FCI). Such price is called  Minimum support price.

 b) Buffer stock:

It is a stock of food grains obtained through the Food Corporation of India (FCI) mainly wheat and rice by the government. The main objective of buffer stock is to distribute food grains in deficit areas and among the poor families of society.

 c) Issue price:

The price lower than the market price at which the food grains are distributed in the areas facing shortage and among the poor section of the society is known as issue price.

 d) Fair price shops:

Fair price shops are the ration shops that stock food grains, sugar and kerosene oil and sell the same on prices  lower than the market price. Fair price shops have been opened by the government.

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Hope this will help you...