Multiple choice

Commission for Agricultural Costs and Prices (CACP) recommends

  1. comfort price

  2. state advised price

  3. minimum support price

  4. minimum export price

  5. statutory minimum price
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Commission for Agricultural Costs and Prices (CACP) is a government body that recommends the Minimum Support Price (MSP) for various agricultural crops to ensure farmers get fair prices. MSP is the floor price at which government agencies procure crops from farmers. 'Comfort price', 'state advised price', and 'statutory minimum price' are not official terms in Indian agricultural policy.

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