Question 2 - MCQ Questions (1 Mark) - Chapter 4 Class 9 Economics - Food security in India - Economics

What is issue price?

(a) The price at which the private firms offer to sell food grains lower than the market price.

(b) The price at which the government offers to sell food grains lower than the market price

(c) The price at which a farmer offers to sell food grains lower than the market price.

(d) The price at which the landlord offers to sell food grains lower than the market price.

Answer:

Explanation:

The government  distributes foodgrains in the deficit areas and among the poorer strata of the society at a price lower than the market price also known as the Issue Price.

So, option (b) is correct.