CBSE 2023 Class 12 Economics Delhi Set 1

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Read the following text carefully and answer the given questions on the basis of the same and common understanding:
India urged the World Trade Organisation (WTO) to relax rules to allow the country to export food grains from its public stocks to the nations facing food crises. India can help, reduce food insecurity but there is hesitation on the part of the WTO, in relaxing its rules. India's Finance Minister said food, fuel and fertilizers are global public goods and ensuring access of these for developing and emerging economies is critical. She also shared India's experiences, including robust gains in agriculture production, citizen centric, food security programmes and innovative delivery mechanisms such as the 'One Nation one Ration Card' Scheme.
(Source : The Economic Times; July 16, 2022)
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Question : 49
Total: 49
Name any two steps taken by India to strengthen the food security.
Solution:  
Steps taken By India to strengthen the food security:
(i) Minimum Support Price: MSP is an assurance to the farmers that their produce would be purchased by government at the specific price. Purchases from the farmers on MSP are kept as buffer stocks for public distribution system and meeting urgent needs during scarcity and low production.
(ii) Public Distribution System: Buffer stocks are meant for public distribution system in the country. it implies distribution of food grains through fair price shops or ration depots at subsidised rates to BPL families so that the poorer sections of the society have an easy access to food grains.
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