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What is buffer stock??? |
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Answer» It means that the stock is more than need. A buffer stock is a system or scheme which buys and stores stocks at times of good harvests to prevent prices falling below a target range (or price level), and releases stocks during bad harvests to prevent prices rising above a target range (or price level). Buffer stock is the, stock of food grains namely wheat and rice produce by the government through food corporations of India (FCI). |
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