Multiple choice general knowledge

Minimum Support Price(MSP) is decided by?

  1. Ministry of Agriculture

  2. Ministry of Finance

  3. Ministry of Rural Development

  4. Comission for Agriculture Cost and Prices(CACP)

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The Commission for Agricultural Costs and Prices (CACP) recommends MSP levels for various crops based on production costs. While the final decision involves the Cabinet Committee on Economic Affairs, CACP is the key determining body for recommendations.

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