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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.

Exchange of Futures for Physicals (EFP)

This allows traders to offset their futures positions by taking or making delivery of the underlying asset. EFPs are commonly used in the commodities market and can be benefi...

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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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NMCE

Welcome to the National Multi Commodity Exchange, India's pioneering De-Mutualised Electronic Multi-Commodity Exchange located in Ahmedabad. This exchange was granted the Na...

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IFFCO

The Indian Farmers Fertiliser Cooperative Limited, commonly known as IFFCO, is a leading cooperative society in India that specializes in providing quality fertilizers to fa...

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