Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

Which of the following instruments "Aim" at protecting the income of the farmers?

Options:

Minimum support price

Public distribution system

Buffer stocks

All of the above

Correct Answer:

All of the above

Explanation:

Various policy instruments which are mentioned below aim at protecting the income of the farmers and providing foodgrains at a subsidized rate to the poor.

  • assurance of minimum support prices (MSP) for agricultural products
  • maintenance of buffer stocks of wheat and rice by Food Corporation of India
  • distribution of food grains and sugar through PDS.