Economics · Food Security
Given below are two statements. Read them carefully and choose the correct option. Statement (I): There is a general consensus that a very high level of buffer stocks of food grains is undesirable and can be wasteful. Statement (II): The rising Minimum Support Prices (MSP) have increased the maintenance cost of procuring and storing foodgrains by the government.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement (I) and Statement (II) are true.✓
- 2Statement (I) is false but Statement (II) is true.
- 3Statement (I) is true but Statement (II) is false.
- 4Both Statement (I) and Statement (II) are false.
Correct answer
Both Statement (I) and Statement (II) are true.
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