Economics · Agricultural Economics
What was the pre-determined principle announced in the Union Budget for 2018-19 regarding the Minimum Support Price (MSP) for the principal crops in India?
- 1Double the cost of production
- 250 per cent less than the cost of production
- 3One-and-a-half times the cost of production✓
- 4Equal to the cost of production
Correct answer
One-and-a-half times the cost of production
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