2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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CCEA hikes Minimum Support Price of wheat and pulses.The MSP of wheat was hiked by how much rupees per quintal for the 2016-17 rabi crop.
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75
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100
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150
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50
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Explanation:
Detailed explanation-1: -The government on Tuesday announced minimum support price (MSP) for six rabi crops for the marketing season (RMS) 2023-24, with Rs 110 per quintal (5.46 per cent) increase for the wheat crop.
Detailed explanation-2: -Minimum Support Price (MSP) is a form of government intervention to insure the farmers against a steep decline in the prices of their goods and to help them prevent losses. It is the minimum price set by the government for certain agricultural products. The farmers are paid a pre-announced price for their crops.
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