With reference to Open Market Sale Scheme (OMSS) consider the following statements:1.The scheme aims at integrating local shopkeepers in an open platform and sell their products online at pre-determined rates.2.The government has recently announced to limit the number of registrations per area for the shopkeepers under the scheme.Select the correct statements using the codes given below:

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Q. With reference to Open Market Sale Scheme (OMSS) consider the following statements:
1.The scheme aims at integrating local shopkeepers in an open platform and sell their products online at pre-determined rates.
2.The government has recently announced to limit the number of registrations per area for the shopkeepers under the scheme..
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: D

Notes:

Explanation-

Statements 1 and 2 are incorrect. Under the Open Market Sale Scheme, the Food Corporation of India (FCI) sells surplus stocks of wheat and rice at pre-determined prices through e-auction in the open market. The Central Government has recently announced its decision to reduce the quantity of foodgrains a bidder can purchase under the Open Market Sale Scheme.

Source: ForumIAS

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