Question

    Which of the following crops is covered for price

    control under the price stabilization fund of the Government of India?
    A Wheat Correct Answer Incorrect Answer
    B Potato Correct Answer Incorrect Answer
    C Rice Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    The Price Stabilization Fund (PSF) was set up in 2014-15 under the Department of Agriculture, Cooperation & Farmers Welfare (DAC & FW) to regulate the price volatility of important Agri-Horticultural commodities like onion and potatoes. The PSF scheme was later transferred to the Department of Consumer Affairs (DOCA) in April 2016. It provides interest-free loans to state governments, union territories, and central agencies to finance their working capital and other expenses, helping stabilize prices in the market. Thus, the correct answer is (b), Potato.

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