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Consider the following statements regarding Public Distribution System (PDS).
  1. The concept of a buffer stock was first introduced during the Second Five Year Plan.
  2. The Central Government takes the responsibility for procurement, storage, transportation and bulk allocation of foodgrains, at subsidised prices.
  3. The responsibility of distribution to consumers including target groups through a network of fair price shops (FPSs) rests with the State Governments.
Which of the above statements is/are correct?
  • a)
    1, 2 
  • b)
    2, 3 
  • c)
    2 only 
  • d)
    1, 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Public Distribution System...
  • PDS is operated under the joint responsibility of the Central and State Governments. The Central Government takes the responsibility for procurement, storage, transportation and bulk allocation of foodgrains, at subsidised prices. The responsibility of distribution to consumers including target groups through a network of various fair price shops (FPSs) rests with the State Governments.
  • The buffer stock provides the basic and most flexible instrument for moderating short-term effects of supply or production shortfalls. The concept of a buffer stock was first introduced during the 4th Five Year Plan (1969-74) and a buffer stock of 5 million tonnes of foodgrains was envisaged. The buffer stock figures are normally reviewed after every 5 years.
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Consider the following statements regarding Public Distribution System (PDS). The concept of a buffer stock was first introduced during the Second Five Year Plan. The Central Government takes the responsibility for procurement, storage, transportation and bulk allocation of foodgrains, at subsidised prices. The responsibility of distribution to consumers including target groups through a network of fair price shops (FPSs) rests with the State Governments.Which of the above statements is/are correct?a)1, 2b)2, 3c)2 onlyd)1, 3Correct answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements regarding Public Distribution System (PDS). The concept of a buffer stock was first introduced during the Second Five Year Plan. The Central Government takes the responsibility for procurement, storage, transportation and bulk allocation of foodgrains, at subsidised prices. The responsibility of distribution to consumers including target groups through a network of fair price shops (FPSs) rests with the State Governments.Which of the above statements is/are correct?a)1, 2b)2, 3c)2 onlyd)1, 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Public Distribution System (PDS). The concept of a buffer stock was first introduced during the Second Five Year Plan. The Central Government takes the responsibility for procurement, storage, transportation and bulk allocation of foodgrains, at subsidised prices. The responsibility of distribution to consumers including target groups through a network of fair price shops (FPSs) rests with the State Governments.Which of the above statements is/are correct?a)1, 2b)2, 3c)2 onlyd)1, 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Public Distribution System (PDS). The concept of a buffer stock was first introduced during the Second Five Year Plan. The Central Government takes the responsibility for procurement, storage, transportation and bulk allocation of foodgrains, at subsidised prices. The responsibility of distribution to consumers including target groups through a network of fair price shops (FPSs) rests with the State Governments.Which of the above statements is/are correct?a)1, 2b)2, 3c)2 onlyd)1, 3Correct answer is option 'B'. Can you explain this answer?.
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