Economics · Indian Economy
Under the Union Budget 2018-19, what benchmark was set for fixing the Minimum Support Price (MSP) of kharif and rabi crops to increase farmers' income?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Completely equivalent to international market parity
- 2At a level of at least 1.5 times the cost of production✓
- 3Equal to the baseline market cost price
- 4At least 1.2 times the comprehensive production cost
Correct answer
At a level of at least 1.5 times the cost of production
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