SSC CHSL 2020 PYQ — Question 49

SSC CHSL - 17th October 2020 - Shift 2 • General Awareness • Q49

The minimum Support Price (MSP) of the agricultural crops in India is fixed by the government on the recommendations of the:

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. Commission for Agricultural Costs and Prices (CACP).

  • The minimum support price (MSP) is an agricultural product price, set by the Government of India to purchase directly from the farmer.

  • MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP) since 2009.

  • The Indian government sets the price for 23 commodities twice a year.