Question

write short note .....buffer stock, minimum support prize, and public distribution system

Answer 1

Here is ur answer ,
BUFFER STOCK : A supply of input held as a reserve to safeguard against unforseen shortages and demands .
MINIMUM SUPPORT PRICE: It is the prize in which government purchases goods and crops from the farmers whatever may be the prize of crops .MSP is fixed by government of india to protect the producers , farmers against excessive fall in price during bumper production years.
PUBLIC DISTRIBUTION SYSTEM: The system in the country facilitates the supply of food grains and distribution of essential goods to a larger number of poor people through a network of fair price shops at a affordable price on recurring basis .

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Answer 2

Buffer stock:a large supply of a commodity (= a crop, metal, fuel, etc.)that is bought and stored when extra is available, and sold when there is not enough, in order to control its price and quantity in the economy

Minimum Support Price is the price at which government purchases crops from the farmers, whatever may be the price for the crops. Minimum Support Price is an important part of India’s agricultural price policy

Public Distribution is to distribute subsidized food and non-food items to India's poor. This scheme was first launched in February 1944, during the Second World War and was launched in the current form in June 1947.