Q. With reference to the Spice Board of India, Consider the following statements:

1. It is a statutory body constituted under Spices Board Act 1986.
2. It is responsible for determining Minimum Support Prices (MSP) for spices.
3. It comes under the Ministry of Commerce and Industry.

Which of the statements given above are correct?
Answer: 1 and 3 only
Notes:

• It is a statutory body constituted under Spices Board Act 1986. Correct: The Spice Board of India is a statutory body constituted under the Spices Board Act, 1986, and comes under the Ministry of Commerce and Industry, Government of India. The board is headquartered in Kochi.
• It is responsible for determining Minimum Support Prices (MSP) for spices. Incorrect: The Spice Board does not set Minimum Support Prices (MSP) for spices; this is handled by the Commission for Agricultural Costs and Prices (CACP). Instead, the board focuses on cardamom production and development, as well as promoting the export of 52 spices listed in the Act's schedule.
• It comes under the Ministry of Commerce and Industry. Correct: Comes under the Ministry of Commerce and Industry, Government of India.

This question is part of UPSC Daily 20 MCQ Series Course on GKToday Android app.