Create a custom practice set
Pick category, difficulty, number of questions, and time limit. Start instantly with your own quiz.
Generate QuizWhat is the primary purpose of maintaining a 'Buffer Stock' of food grains by the government?
- To export to foreign countries
- To stabilize market prices and ensure food security
- To provide free food to all citizens
- To generate revenue for the FCI
Answer: To stabilize market prices and ensure food security
Buffer stocks are maintained to intervene in the market during times of shortage or surplus. By releasing stocks during scarcity, the government prevents price spikes, and by procuring during bumper harvests, it prevents price crashes, thereby protecting both consumers and farmers.