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Under which system are farmers forced to sell part of their produce to the Government at announced prices?
Question

Under which system are farmers forced to sell part of their produce to the Government at announced prices?

A.

Monopoly procurement

B.

Pre-emptive purchase

C.

Buffer stock

D.

Levy

E.

Answer not known

Correct option is D

Correct answer – (d)
Levy system mandates compulsory sale to Government.
Information Booster / Facts
Earlier used for cereals.
Why other options are incorrect
(a) Monopoly procurement is voluntary.
(b) Pre-emptive purchase is selective.
(c) Buffer stock is a storage mechanism.

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