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Price Policy and Public Distribution


1. 

Demand of a commodity mainly depends on

Answer : A. desire to purchase

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2. 

When prices are rising, which of the following steps should the Government adopt to bring about reduction in prices?

Answer : D. Increase the availability of goods

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3. 

Stability of prices can be brought about by

Answer : D. Both (A) and (B)

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4. 

The general price level declined during the ______ plan

Answer : A. first

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5. 

Match the following

List I List II
a) National Food Control Programme 1) 1954
b) Food corporation of india 2) 1965
c) Worst famine of India 3) 1918
d) Consumer Protection Act 4) 1986

Answer : C. a-1 ,b-2 ,c-3 ,d-4

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6. 

On which of the following do people of India spend most of their income?

Answer : B. Food

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