Economics · Agriculture and MSP
Consider the following statements regarding the Minimum Support Price (MSP) policy of India: (i) Minimum Support Price (MSP) policy of India covers only wheat, paddy, and coarse cereals. (ii) Minimum Support Price (MSP) for Grade-A paddy is set higher than that of the common paddy. Choose the correct answer from the code given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither (i) nor (ii)
- 2Both (i) and (ii)
- 3Only (ii)✓
- 4Only (i)
Correct answer
Only (ii)
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