FOOD TECHNOLOGY

FUTURE TRENDS IN FOOD TECHNOLOGY

GLOBALIZATION AND FOOD SECURITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the name of stock of food grains (wheat & rice) which the government procures through FCI.
A
Food Stock
B
Buffer Stock
C
Live Stock
D
Stock Market
Explanation: 

Detailed explanation-1: -Buffer Stock is the stock of foodgrains, namely wheat and rice procured by the government through Food Corporation of India (FCI). The FCI purchases wheat and rice from the farmers in states where there is surplus production.

Detailed explanation-2: -The stock of foodgrains, namely rice and wheat, procured by the Government through the Food Corporation of India (FCI) is known as the Buffer Stock. The purchased food grains are stored in granaries.

Detailed explanation-3: -FCI, the nodal central agency of Government of India, along with other State Agencies undertakes procurement of wheat and paddy under price support scheme .

Detailed explanation-4: -Buffer stock is the stock of foodgrains procured by the government through .

Detailed explanation-5: -Buffer inventory (also known as safety stock, supply chain safety net, or contingency stock) refers to a surplus of inventory that is stored in a warehouse in case of an emergency, supply chain failure, transportation delays, or an unexpected surge in demand.

There is 1 question to complete.