Question
Which of the following crops is covered for price
control under the price stabilization fund of the Government of India?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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