Assertion (A); Fair price shops are regulated by the government of India

Reason ( R): These ration shops are present in almost all localities and districts

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Both (A) and (R) are true and (R) is the correct explanation of (A)

Both (A) and (R) are true but (R) is not the correct explanation of (A)

(A) is correct but (R) is wrong

(A) is wrong but (R) is correct.

answer is A.

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Detailed Solution

Both (A) and (R) are true and (R) is the correct explanation of (A).
Fair price shops are regulated by the government of India since they are present in almost all localities and districts. Through these ration shops, food procured by FCI (Food Corporation of India) is distributed. These ration shops are present in almost all localities and districts. Items like food grains and sugar are sold at a lower price than the market price. It can be said that this public distribution system (PDS) has solved the problem of hunger in India.A MSP (Minimum Support Price) protects farmers from fluctuating market prices by assuring them of a minimum return on their produce. Thus, MSP does provide incentives for farmers to increase production.

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