Question
AgricultureAgricultural Economics, Support and RiskMinimum Support Price, Procurement and Price PolicyMedium (editorial estimate)
Question details
- Type:
- Statement based
- Skill:
- Fact recall
- Tags:
- MSP procurement limits · Minimum Support Price, Procurement and Price Policy
Classification and difficulty are editorial labels. Explanations are awaiting review.
Loading bookmark…
Consider the following statements: 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. 2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise. Which of the statements given above is/are correct?
Loading your progress…
Question 69 · Minimum Support Price, Procurement and Price Policy · Agriculture · UPSC Prelims 2020 (GS)