Q. The main objectives of Minimum Support Prices is / are
Check fall in price beyond a limit
Protect interest of the consumers
Make procurement from the wholesalers easy
Choose the correct option:
Answer: Only 1
Notes: Minimum support price (MSP) is fixed by the Government, as a minimum price for crops procured from the farmers. It was introduced to prevent the price of the crops from falling beyond a limit, which will affect the income of the farmers.
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