Economics · Indian Economy
What is the primary function of the Commission for Agricultural Costs and Prices (CACP), formerly known as Agricultural Prices Commission?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To disburse direct short-term loans to small farmers
- 2To develop irrigation infrastructure across rural regions
- 3To recommend Minimum Support Prices (MSP) for agricultural commodities✓
- 4To increase the export volume of agricultural products
Correct answer
To recommend Minimum Support Prices (MSP) for agricultural commodities
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