Which one of the following is announced by the government in support of a crop?

Question

(a) Maximum support price
(b) Minimum support price
(c) Moderate support price
(d) Influential support price

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Rohit QNA 3 years 2021-12-31T13:39:48+00:00 1 Answer 8 views Enlightened 0

Answer ( 1 )

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    2021-12-31T13:40:06+00:00

    Answer: -(b) Minimum support
    price
    EXPLANATION:-The Minimum
    Support Price (MSP) was
    announced by the Government
    of India for the first time in
    1966-67 for wheat. The MSP is
    the price at which government
    purchases crops from the
    farmers.

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