Current Affairs

GK MCQs Section
Q. Who recommends the Minimum Support Price (MSP)?
Answer: The Commission for Agricultural Costs and Prices
Notes: Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in agricultural prices. The Minimum Support Price is announced by the Government of India at the beginning of the sowing season for certain crops based on the recommendations of the Commission for Agricultural Costs and Prices (CACP).

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