SSC CGL 2022 PYQ — Question 36

SSC CGL - 20 April 2022 - Shift 2 • General Awareness • Q36

The expected returns to farmers by way of MSP (Minimum Support Price) over their cost of
production for barley for marketing season 2021–22 is estimated at ______.

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 65%

  • The expected returns to farmers by way of MSP (Minimum Support Price) over their cost of
    production for barley for marketing season 2021–22 is estimated at 65%.

  • The increase in MSP for Rabi Crops for marketing season 2021-22 is in line with the principle of fixing the MSPs at a level of at least 1.5 times of the All-India weighted average Cost of Production as announced in Union Budget 2018-19. The expected returns to farmers over their cost of production are estimated to be highest in case of Wheat (106%) followed by rapeseed and mustard (93%), gram and lentil (78%). For barley, return to farmers over their cost of production is estimated at 65% and for safflower, it is 50%.

  • Presently MSP is fixed for 22 agricultural crops.