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.

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.