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Relevancy for Prelims: Agriculture, Minimum Support Price (MSP), Fair and Remunerative Price (FRP), Commission for Agricultural Costs & Prices (CACP), World Trade Organization (WTO).
Relevancy for Mains: Minimum Support Price, its associated significance and challenges. |
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Also read: Sugarcane Production In India
Also read: How Does Monsoon Rainfall Impact the Indian Economy?
Prelims Question (2018)
Consider the following: 1. Areca nut 2. Barley 3. Coffee 4. Finger millet 5. Groundnut 6. Sesamum 7. Turmeric The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above? (a) 1, 2, 3 and 7 only (b) 2, 4, 5 and 6 only (c) 1, 3, 4, 5 and 6 only (d) 1, 2, 3, 4, 5, 6 and 7 Ans: (b) |
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