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).
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The minimum support price (MSP) is an agricultural product price, set by the Government of India to purchase directly from the farmer.
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MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP) since 2009.
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The Indian government sets the price for 23 commodities twice a year.