GENERAL KNOWLEDGE

Minimum Support Price (MSP) is recommend...

Minimum Support Price (MSP) is recommended by _________.

A

The Commission for Weights and Measures

B

The Food Safety and Standards Authority of India

C

The Farmer's Welfare Society

D

The Commission for Agricultural Costs and Prices

Text Solution

Verified by Experts

The correct Answer is:

D

MSP is recommended by the Commision for Agricultural Costs and Prices(CACP). Every year Cabinet Committee of Economic Affairs (CCEA) announce a minimum support price for various types of crops. MSP is the minimum .

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With regard to the cabinet decision in July 2018, the percentage increase in Minimum Support Price (MSP) is maximum in which one of the following crops?

The Minimum Support Price is fixed by ______.

Knowledge Check

For how many mandated crops, Minimum Support Price (MSP) is announced by the government?

A

22

B

42

C

32

D

12

For how many mandated crops, Minimum Support Price (MSP) is announced by the government?

A

22

B

42

C

32

D

12

Minimum Support Price is announced by__________

A

Chamber of Commerse

B

Ministry of Finance

C

Ministry of Agriculture

D

Cabinet Committee on Economic Affairs

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