Question : What type of products ,does CACP recommend minimum support price for?
Option 1: industrial products
Option 2: Agricultural products
Option 3: pharmaceutical products
Option 4: None of the above
New: SSC CHSL tier 1 answer key 2024 out | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Agricultural products
Solution : The correct option is Agricultural products.
The Commission for Agricultural Costs and Prices (CACP) operates as an independent entity within India's Ministry of Agriculture and Farmers Welfare, tasked with the crucial role of proposing minimum support prices (MSPs) for a range of vital agricultural products. This includes staple crops such as wheat and rice, essential cash crops like sugarcane and cotton, as well as protein-rich pulses like gram, masur, and moong, along with oilseeds including groundnut, mustard, and sunflower. Additionally, CACP extends its recommendations to encompass barley and jute. Through its recommendations, CACP plays a pivotal role in stabilizing the income of farmers and ensuring the availability of these key agricultural products in the market.
Candidates can download this e-book to give a boost to thier preparation.
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Question : In the context of agricultural production, MSP refers to:
Question : The Minimum Support Price (MSP) is a government-announced price for the procurement of which agricultural commodities?
Question : The basic economic problem confronting all societies is how to allocate scarce resources between
Question : The Minimum Support Price (MSP) for agricultural produce in India is announced by which organization?
Question : The agro-processing industry involves:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile