{"id":91752,"date":"2025-06-01T11:04:59","date_gmt":"2025-06-01T11:04:59","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91752"},"modified":"2025-06-01T11:04:59","modified_gmt":"2025-06-01T11:04:59","slug":"which-of-the-following-factors-policies-were-affecting-the-price-of-ri","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-factors-policies-were-affecting-the-price-of-ri\/","title":{"rendered":"Which of the following factors\/policies were affecting the price of ri"},"content":{"rendered":"<p>Which of the following factors\/policies were affecting the price of rice in India in the recent past?<\/p>\n<ul>\n<li>Minimum Support Price<\/li>\n<li>Government&#8217;s trading<\/li>\n<li>Government&#8217;s stockpiling<\/li>\n<li>Consumer subsidies<\/li>\n<\/ul>\n<p>Select the correct answer using the code given below :<\/p>\n<p>[amp_mcq option1=&#8221;1, 2 and 4 only&#8221; option2=&#8221;1, 3 and 4 only&#8221; option3=&#8221;2 and 3 only&#8221; option4=&#8221;1, 2, 3 and 4&#8243; correct=&#8221;option4&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC IAS &#8211; 2020<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-ias-2020.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-ias-2020\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nAll four factors listed significantly affect the price of rice in India:<br \/>\n1. Minimum Support Price (MSP): The MSP sets a floor price. Government procurement at MSP influences market supply and provides a benchmark, impacting open market prices, especially during harvest season.<br \/>\n2. Government&#8217;s trading: The government procures, stores, and distributes rice through schemes like the Public Distribution System (PDS). These trading activities (buying and selling\/distributing) directly influence the supply available in the open market and hence impact prices.<br \/>\n3. Government&#8217;s stockpiling: The level of buffer stocks held by the government affects market expectations about future supply. Large stocks can stabilize prices, while depletion or surplus can lead to price fluctuations.<br \/>\n4. Consumer subsidies: Subsidies on rice distributed through PDS reduce the effective cost for consumers and ensure access for a large population. This influences overall demand dynamics in the market, indirectly affecting open market prices by diverting a portion of demand.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nGovernment policies like MSP, procurement, stockpiling, and consumer subsidies are major interventions in the agricultural market in India that significantly influence the supply, demand, and ultimately the market price of essential commodities like rice.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nOther factors affecting rice prices include production levels (influenced by monsoon, seeds, etc.), international prices, export\/import policies, and logistics\/storage infrastructure.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following factors\/policies were affecting the price of rice in India in the recent past? Minimum Support Price Government&#8217;s trading Government&#8217;s stockpiling Consumer subsidies Select the correct answer using the code given below : [amp_mcq option1=&#8221;1, 2 and 4 only&#8221; option2=&#8221;1, 3 and 4 only&#8221; option3=&#8221;2 and 3 only&#8221; option4=&#8221;1, 2, 3 and &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Which of the following factors\/policies were affecting the price of ri\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-factors-policies-were-affecting-the-price-of-ri\/#more-91752\">Detailed Solution<span class=\"screen-reader-text\">Which of the following factors\/policies were affecting the price of ri<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1288,1379,1120],"class_list":["post-91752","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1288","tag-agriculture-and-allied-sectors","tag-economic-development","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which of the following factors\/policies were affecting the price of ri<\/title>\n<meta name=\"description\" content=\"All four factors listed significantly affect the price of rice in India: 1. Minimum Support Price (MSP): The MSP sets a floor price. Government procurement at MSP influences market supply and provides a benchmark, impacting open market prices, especially during harvest season. 2. Government&#039;s trading: The government procures, stores, and distributes rice through schemes like the Public Distribution System (PDS). These trading activities (buying and selling\/distributing) directly influence the supply available in the open market and hence impact prices. 3. Government&#039;s stockpiling: The level of buffer stocks held by the government affects market expectations about future supply. Large stocks can stabilize prices, while depletion or surplus can lead to price fluctuations. 4. Consumer subsidies: Subsidies on rice distributed through PDS reduce the effective cost for consumers and ensure access for a large population. This influences overall demand dynamics in the market, indirectly affecting open market prices by diverting a portion of demand. Government policies like MSP, procurement, stockpiling, and consumer subsidies are major interventions in the agricultural market in India that significantly influence the supply, demand, and ultimately the market price of essential commodities like rice.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-factors-policies-were-affecting-the-price-of-ri\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which of the following factors\/policies were affecting the price of ri\" \/>\n<meta property=\"og:description\" content=\"All four factors listed significantly affect the price of rice in India: 1. Minimum Support Price (MSP): The MSP sets a floor price. Government procurement at MSP influences market supply and provides a benchmark, impacting open market prices, especially during harvest season. 2. Government&#039;s trading: The government procures, stores, and distributes rice through schemes like the Public Distribution System (PDS). These trading activities (buying and selling\/distributing) directly influence the supply available in the open market and hence impact prices. 3. Government&#039;s stockpiling: The level of buffer stocks held by the government affects market expectations about future supply. Large stocks can stabilize prices, while depletion or surplus can lead to price fluctuations. 4. Consumer subsidies: Subsidies on rice distributed through PDS reduce the effective cost for consumers and ensure access for a large population. This influences overall demand dynamics in the market, indirectly affecting open market prices by diverting a portion of demand. Government policies like MSP, procurement, stockpiling, and consumer subsidies are major interventions in the agricultural market in India that significantly influence the supply, demand, and ultimately the market price of essential commodities like rice.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-factors-policies-were-affecting-the-price-of-ri\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:04:59+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which of the following factors\/policies were affecting the price of ri","description":"All four factors listed significantly affect the price of rice in India: 1. Minimum Support Price (MSP): The MSP sets a floor price. Government procurement at MSP influences market supply and provides a benchmark, impacting open market prices, especially during harvest season. 2. Government's trading: The government procures, stores, and distributes rice through schemes like the Public Distribution System (PDS). These trading activities (buying and selling\/distributing) directly influence the supply available in the open market and hence impact prices. 3. Government's stockpiling: The level of buffer stocks held by the government affects market expectations about future supply. Large stocks can stabilize prices, while depletion or surplus can lead to price fluctuations. 4. Consumer subsidies: Subsidies on rice distributed through PDS reduce the effective cost for consumers and ensure access for a large population. This influences overall demand dynamics in the market, indirectly affecting open market prices by diverting a portion of demand. Government policies like MSP, procurement, stockpiling, and consumer subsidies are major interventions in the agricultural market in India that significantly influence the supply, demand, and ultimately the market price of essential commodities like rice.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-factors-policies-were-affecting-the-price-of-ri\/","og_locale":"en_US","og_type":"article","og_title":"Which of the following factors\/policies were affecting the price of ri","og_description":"All four factors listed significantly affect the price of rice in India: 1. Minimum Support Price (MSP): The MSP sets a floor price. Government procurement at MSP influences market supply and provides a benchmark, impacting open market prices, especially during harvest season. 2. Government's trading: The government procures, stores, and distributes rice through schemes like the Public Distribution System (PDS). These trading activities (buying and selling\/distributing) directly influence the supply available in the open market and hence impact prices. 3. Government's stockpiling: The level of buffer stocks held by the government affects market expectations about future supply. Large stocks can stabilize prices, while depletion or surplus can lead to price fluctuations. 4. Consumer subsidies: Subsidies on rice distributed through PDS reduce the effective cost for consumers and ensure access for a large population. This influences overall demand dynamics in the market, indirectly affecting open market prices by diverting a portion of demand. 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Minimum Support Price (MSP): The MSP sets a floor price. Government procurement at MSP influences market supply and provides a benchmark, impacting open market prices, especially during harvest season. 2. Government's trading: The government procures, stores, and distributes rice through schemes like the Public Distribution System (PDS). These trading activities (buying and selling\/distributing) directly influence the supply available in the open market and hence impact prices. 3. Government's stockpiling: The level of buffer stocks held by the government affects market expectations about future supply. Large stocks can stabilize prices, while depletion or surplus can lead to price fluctuations. 4. Consumer subsidies: Subsidies on rice distributed through PDS reduce the effective cost for consumers and ensure access for a large population. This influences overall demand dynamics in the market, indirectly affecting open market prices by diverting a portion of demand. 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