Q. Which of the following is/are consists of the Economic Cost of food-grains to Food Corporation of India (FCI)?
1. Pooled cost of grains
2. Procurement incidentals
3. Cost of distribution
Select the correct answer using the code given below:
Quarterly-SFG-Jan-to-March
Red Book

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D
Notes:

The Economic Cost of food-grains consists of three components, namely, pooled cost of grains, procurement incidentals and the cost of distribution.  

The pooled cost of food grains is the weighted MSP of the stock of food-grains available with FCI at the time of calculating the economic cost. 

Source: Economic Survey 


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