The system of agricultural support by which market prices are fixed at above free market levels and government buys surpluses, thus supporting prices and raising farmer’s income is called:

Related MCQs

• Agricultural income tax in Pakistan will be levied on the farmers with land holdings of or more than:
• A very high rise in National Income at current market prices and a low rise at constant prices reveals -
• The value of the output of all goods and services produced within a nation's borders, normally given as a total for the year. It thus includes the production of foreign owned firms within the country, but excludes the income from domestically owned firms located abroad, is called:
• In which of the following districts, the government of Pakistan has given incentives package to farmers for growing black tea on experimental basis?
• Payment of water charges by the farmers to the government represents -
• The Government of Pakistan has given certain incentives to farmers for growing black tea on experimental basis at:
• Agricultural income tax is a source of revenue to -
• A commodity for which demand increases at higher prices and falls at lower prices is termed as:
• The reduction of the fixed official rate at which one currency is exchanged for another in a fixed exchange rate regime is termed:
• The prices that are set by government rather than by negotiation between a seller and a buyer are known as