Economics · Public Distribution System
In the context of the Public Distribution System (PDS) in India, what is meant by 'Issue Price'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is the price equivalent to the prevailing market price.
- 2It is the subsidized price lower than the market price at which foodgrains are distributed.✓
- 3It is the procurement price fixed directly by the farmers.
- 4It is the penalty price charged higher than the market price.
Correct answer
It is the subsidized price lower than the market price at which foodgrains are distributed.
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