Question
Consider the following Statements. (i) The
Food Corporation of India (FCI) is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution. (ii) It is a statutory body created under FCI Act of 1964. (iii) FCI procures only Rabi crops.Solution
The Food Corporation of India (FCI) is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution, formed by the enactment of Food Corporation Act 1964. FCI has been divided into 5 zones, viz., north, south, east, west and north-east with a zonal office in each zone. FCI, with the help of state government agencies, procures wheat, paddy and coarse grains in various states in order to provide price support to the farmers. Before each Rabi/Kharif crop season, central government announces the Minimum Support Prices (MSP), based on the recommendations of Commission for Agricultural Costs and Prices (CACP), which takes into consideration the cost of various agricultural inputs and the reasonable margin for the farmers for their produce.
A person’s monthly income increases by 20% and his monthly expenditure increases by 10%. If his savings increase from Rs 5000 to Rs 8000, then his ori...
- The profit of a business increased by Rs. 300. If the old profit was 30% less than the new profit, then the old profit was:
The ratio of the monthly income of K and L is 8:13, respectively, and their expenditures are Rs. 2500 and Rs. 5000, respectively. Find the difference be...
The ratio of incomes of A and B is 4 : 5 and their expenditures are in the ratio 3 : 4. If each saves Rs. 2000, find A's income.
The ratio of the earnings of Amit and Deepak is 7:11. If Amit’s earning is increased by 25% and Deepak’s earning is reduced by 15% and the differenc...
The monthly salary of a woman is increased by Rs. 600. If her old salary was 25% less than her new salary, find her old salary.
- The income of Priya is (120/4)% more than that of Ananya. Find the percentage by which Ananya’s income is less than Priya’s income.
Income of ‘Rohan’ is Rs. 45000 which is 10% less than that of ‘Sohan’. ‘Sohan’ spends 50% of his income and saves the rest. The ratio of sav...
The ratio of monthly savings to monthly expenditure of Nisha is 5:8 respectively. If her savings go up by 40% while expenditure drops by 25%, then her n...
- Aman spends 80% of his monthly income and saves Rs. 3,000. Find his monthly income.
