SSC Economics Sample Paper NCERT Sample Paper-6

  • question_answer
    The Price stabilization fund will support the procurement of
    1. Onion           
    2. Groundnut
    3. Potato          
    4. Rice
    Select the correct answer using the codes given below.

    A)  1 and 2 only    

    B)  1 and 3 only

    C)  2 and 3 only    

    D)  1 and 4 only

    Correct Answer: B

    Solution :

    [b] 1 and 3 only. The Price stabilization fund (PSF) will be used to support market interventions for managing prices of perishable agri-horticultural commodities. Initially, the fund is proposed to be used for onion and potato only. Losses incurred, if any, in the operations will be shared between the Centre and the States. The PSF will be used to advance interest-free loans to State governments and Central agencies to support their working capital and other expenses on procurement and distribution interventions for such commodities.

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