Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Rural Development

Question:

Which of these are the policy instruments used by government for the development of rural region in India?

Options:

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

All of these

Correct Answer:

All of these

Explanation:

The policy instruments like (i) assurance of minimum support prices (MSP) for agricultural products (ii) maintenance of buffer stocks of wheat and rice by Food Corporation of India and (iii) distribution of food grains and sugar through PDS. These instruments are aimed at protecting the income of the farmers and providing foodgrains at a subsidised rate to the poor, which helps in the development of rural region.