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Q.

[[1]] creates buffer stock and fixes the minimum support price in India.


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Detailed Solution

The Food Corporation of India creates buffer stock and fixes the minimum support price in India.
FCI is a government-established agency that performs many functions, and some of the functions performed by the FCI are as follows:
1)      It helps in the transportation of seeds and food to major parts of the country.
2)      It maintains the quantity of food required in India.
3)      It helps in packaging and storing food items. Also, one of the major functions is to provide minimum support prices to the farmers and create buffer stock.
 
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