Q. The prices at which the government purchases food grains for maintaining the Public Distribution system (PDS) and for building up buffer - stock is known as :
A) procurement prices
B) minimum support prices
C) ceiling prices
D) issue prices
✔ Correct Answer: procurement prices
Exam Insight
The price at which the government procures food grains for PDS and buffer stock is known as the Minimum Support Price (MSP), ensuring fair compensation to farmers.