Discussion :: IBPS BANK EXAM TEST 4
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The Government of India recently decided to lift four years old ban on export of wheat. "What was the reason for the same" ?
(A) India had a bumper crop of wheat in last two years. Hence it has excess stock of wheat.
(B) As per the Food Security Act India is bound to provide 10 million tones of wheat to World Food Grain stock every year. India defaulted last year. This year it does not want to be one.
(C) As advised by the Supreme Court of India, the money received from export should be used to pay subsidy to the farmers.
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Answer : Option E
Explanation :
All (A), (B) & (C)
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