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The prices by which the government buys food grain for the maintenance of the public distribution system and to build a buffer stock are known as,
8. The prices by which the government buys food grain for the maintenance of the public distribution system and to build a buffer stock are known as,
- Minimum Support Price
- Procurement Price
- Issue Price
- Ceiling Price
Answer: B) Procurement Price
Explanation:
The prices by which the government buys food grain for the maintenance of the public distribution system and to build a buffer stock are known as Procurement Price.