Buffer stock of food grains is maintained by the government mainly to: MCQ with Answer and Explanation

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Buffer stock of food grains is maintained by the government mainly to:

A. reduce agricultural production

B. increase exports

C. meet shortages and stabilize prices

D. support private traders

Answer: Option C

Solution (By JKSSB Mock Tests)

Buffer stocks are maintained to meet emergencies and stabilize food grain prices.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Goods and Services Tax' on ready-to-move-in property is:

A. not applicable

B. 5%

C. 12%

D. 18%

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Correct Answer: Option A

Explanation:
Ready-to-move-in property is not subject to GST.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Economic Survey' is tabled in Parliament before the:

A. Railway Budget

B. Union Budget

C. Winter Session

D. Monsoon Session

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Correct Answer: Option B

Explanation:
The Economic Survey is tabled just before the Union Budget.

This question belongs to: Economy GK Economy Set 1

Question #3

The Soil Health Card scheme provides farmers information on:

A. weather forecast

B. land ownership records

C. market prices

D. soil nutrient status and recommended fertilizer use

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Correct Answer: Option D

Explanation:
Soil Health Cards provide information on soil nutrient status and fertilizer recommendations.

This question belongs to: Economy GK Economy Set 1

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