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SSC CGL 2021 PYQ — Question 26

SSC CGL - 20 Aug 2021 - Shift 3 • General Awareness • Q26

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In the context of agricultural costs in India, what is MSP?

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Correct answer: A

Explanation

The correct answer is option 1 i.e. Minimum Support Price.

  •  The full form of MSP is Minimum Support Price. It is a part of agricultural policies in India that provides for the minimum price of the crops that ensures that farmers do not undergo huge losses due to fluctation of the prices od the crops.