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What is meant by buffer stock? - Economics

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What is meant by buffer stock?

What are buffer stocks?

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Solution

Buffer stock is the stock of food grains, namely wheat and rice, procured by the government through the food corporation of India.

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Availability and Access to Food Grains
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Chapter 6: Market Mechanism: Equilibrium Price and Quantity in a Competitive Market - TEST YOURSELF QUESTIONS [Page 115]

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Frank Economics [English] Class 12 ISC
Chapter 6 Market Mechanism: Equilibrium Price and Quantity in a Competitive Market
TEST YOURSELF QUESTIONS | Q 29. | Page 115
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 7 Primary Sector : Agriculture
QUESTION BANK | Q 7. | Page 107
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