Q. Consider the following statements about the Commission for Agricultural Costs & Prices (CACP):
It is mandated to recommend minimum support prices (MSPs)
Union Agriculture Minister is the ex-officio chairperson of the commission
Which of the above statements is/are correct?
Answer: 1 Only
Notes: First statement is correct. Second statement is incorrect. The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. Currently, the Commission comprises a Chairman, Member Secretary, one Member (Official) and two Members (Non-Official). It is mandated to recommend minimum support prices (MSPs)
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