2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the approved Minimum Support Prices (MSPs) for copra for 2020 season?
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Rs. 9, 930 per quintal
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Rs. 9, 960 per quintal
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Rs. 9, 532 per quintal
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Rs. 9, 431 per quintal
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Explanation:
Detailed explanation-1: -Minimum Support Price (MSP) for Copra. 9, 960/- per quintal for 2020 season.
Detailed explanation-2: -The MSP for Fair Average Quality of milling copra has been fixed at Rs. 10860/- per quintal and for ball copra at Rs. 11750/- per quintal for 2023 season.
Detailed explanation-3: -The MSP for ball copra has been increased, by Rs. 300/-, to Rs. 10, 600/- per quintal for 2021 season from Rs. 10300/- per quintal in 2020.
Detailed explanation-4: -Minimum Support Price (MSP) is the minimum price set by the government for certain agricultural products, at which the products would directly be bought from the farmers if the open market prices are less than the cost incurred.
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