Q1. Consider the following statements regarding the Centre’s sugar allocation system:
- Under the revised system, sugar mills will receive allocations at fortnightly intervals rather than monthly intervals.
- A sugar mill is required to sell at least 40% of its allocated quantity during the first week.
- The revised system is intended partly to enable the government to respond more quickly to changes in sugar supply conditions.
- During October, sugar mills will be subject to the same fortnightly selling restrictions as applicable under the revised system.
Which of the statements given above are correct?
(a) 1, 2 and 3 only
(b) 1 and 4 only
(c) 2, 3 and 4 only
(d) 1, 2, 3 and 4
Answer: (a)
Explanation
- Statement 1 — Correct: The monthly quota system is being replaced by fortnightly allocation from September 2026.
- Statement 2 — Correct: Mills must sell at least 40% in the first week, with the balance in the succeeding week.
- Statement 3 — Correct: More frequent allocation is intended to provide better stock monitoring and quicker response to supply–demand changes, including release of additional quota when necessary.
- Statement 4 — Incorrect: October is an exception—mills can sell sugar without restriction.
