IBPS PO 2011 · Question 130 of 237

The Govt. of India recently decided to lift the four-years- old ban on export of wheat. What was the reason for the same? (A) India had a bumper crop of wheat during 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.

1. AOnly(B)
2. BOnly (A)Correct
3. COnly (C)
4. DBoth (A) and (B)
5. EAll (A), (B) and (C)