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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.

Full Carrying Charge Market

The term Full Carrying Charge Market, also known as Full Carry, is a concept used in the futures market. It refers to the inclusion of all costs associated with storing, ins...

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Assayer

An assayer, be it an individual or an institution, plays a crucial role in the financial market. They possess the authority to certify and grade the commodities exchanged in...

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FCI

(FCI) is a government-owned corporation responsible for procurement, storage, and distribution of food grains across India. The Food Corporation of India, or FCI, is a gove...

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Spot Commodity

This market is a physical or virtual marketplace where goods are bought and sold for immediate delivery at current market prices. A key term in the world of finance is the ...

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