UPSC Prelims 2020Economy
Question 5 of 21Consider 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?
Linked Syllabus Concepts
Revision notes for concepts tested in this PYQ.
Bharatiya Beej Sahakari Samiti Limited (BBSSL)Agricultural Policies and Farmer Welfare in IndiaFarmer-centric Pricing Model for Seed ProcurementMinimum Support Price (MSP) and Agricultural Procurement PolicyDomestic Price Stabilization and Supply Management of Essential CommoditiesPrimary Agricultural Credit Societies (PACS)
Related Study Concepts
Bharatiya Beej Sahakari Samiti Limited (BBSSL)Agricultural Policies and Farmer Welfare in IndiaFarmer-centric Pricing Model for Seed ProcurementMinimum Support Price (MSP) and Agricultural Procurement PolicyDomestic Price Stabilization and Supply Management of Essential CommoditiesPrimary Agricultural Credit Societies (PACS)