Q79.
Consider the following statements: 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. 2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise. Which of the statements given above is/are correct?
Answer
D
Explanation
Based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Department of Agriculture and Cooperation, Ministry Of Agriculture And Farmers' Welfare, declares Minimum Support Prices (MSP) for 22 mandated crops, and Fair and Remunerative Price (FRP) for Sugarcane. [Cereals (7) - paddy, wheat, barley, jowar, bajra, maize and ragi Pulses (5) - gram, arhar/tur, moong, urad and lentil Oilseeds (8) - groundnut, rapeseed/mustard, toria, soyabean, sunflower seed, sesamum, safflower seed and nigerseed