
Buffer Stock and Public Distribution System
Flashcard
•
Social Studies
•
9th Grade
•
Hard
Rubal Sharma
FREE Resource
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13 questions
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1.
FLASHCARD QUESTION
Front
What is Buffer Stock?
Back
Buffer Stock is the stock of foodgrains, namely wheat and rice procured by the government through the Food Corporation of India (FCI).
2.
FLASHCARD QUESTION
Front
How does the FCI procure wheat and rice?
Back
The FCI purchases wheat and rice from farmers in states where there is surplus production.
3.
FLASHCARD QUESTION
Front
What is the Minimum Support Price (MSP)?
Back
The MSP is a pre-announced price declared by the government every year before the sowing season to provide incentives to farmers for raising production.
4.
FLASHCARD QUESTION
Front
Why is Buffer Stock created by the government?
Back
Buffer Stock is created to distribute foodgrains in deficit areas and among poorer strata of society at a price lower than the market price, also known as Issue Price.
5.
FLASHCARD QUESTION
Front
How does Buffer Stock help during adverse conditions?
Back
It helps resolve the problem of shortage of food during adverse weather conditions or periods of calamity.
6.
FLASHCARD QUESTION
Front
What is the Public Distribution System (PDS)?
Back
The PDS is a system through which food procured by the FCI is distributed through government regulated ration shops among the poorer section of society.
7.
FLASHCARD QUESTION
Front
Where are ration shops located?
Back
Ration shops are present in most localities, villages, towns, and cities.
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