Q. Consider the following statements: Price Stabilization Fund Scheme was launched for Coffee, Tea, Rubber and Tobacco growers in the country In this scheme Government procures the commodities when the prices fell below a certain level to support the growers Which among the above statements is/ are correct ?
Answer: Only 1 is correct
Notes:

1. Price Stabilization Fund Scheme was launched for Coffee, Tea, Rubber and Tobacco growers in the country: This statement is correct. The Price Stabilization Fund was set up by the government of India to provide support price to growers of commercial crops like coffee, tea, rubber and tobacco.
2. In this scheme Government procures the commodities when the prices fell below a certain level to support the growers: This statement is incorrect. The Price Stabilization Fund does not involve any procurement by the government. It only provides working capital loan assistance to State Marketing Federations to enable them to buy the crops from farmers at support prices.

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