Q. Which among the following agencies / departments recommends the MSP (Minimum Support Price) to the Government?
Answer: Commission for Agricultural Costs and Prices
Notes: MSP is a form of agricultural market intervention undertaken by the Union Government in order to insure agricultural producers are protected against any sharp fall in farm prices. It is announced for certain crops by the Union Government prior to the sowing season. The prices are decided by CCEA on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP)
The above question is part of 35000+ General Studies MCQ Series Course on GKToday Android app.
