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PDS

The Public Distribution System is a government-run program aimed at providing food and essential commodities to the economically disadvantaged population. It operates through a network of fair price shops that offer subsidized food grains, sugar, kerosene, and other items. This system plays a crucial role in ensuring food security and reducing poverty in developing countries. However, it also faces challenges such as leakages and inefficiencies. As a finance expert, I believe understanding the intricacies of this system is crucial in comprehending the socio-economic landscape of a country. Let's delve deeper into its functioning and impact.

Delivery notice

A clearing member's declaration to deliver a predetermined amount of a commodity to fulfill a short futures contract is known as a delivery notice. This notice serves as a c...

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ICAR

The Indian Council of Agricultural Research (ICAR) is a premier organization that focuses on the development and implementation of innovative agricultural techniques in Indi...

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Alloys

Alloys, as we know, are metals formed by blending two or more metallic elements in order to achieve enhanced strength and durability. These can be found in various forms, su...

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GNP

(GNP) is a measure of a country's economic output, including the value of goods and services produced by its citizens, both domestically and abroad. It is an important indica...

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