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SSC CGL 2022 PYQ — Question 38

SSC CGL - 19 April 2022 - Shift 3 • General Awareness • Q38

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The system of MSP (Minimum Support Price) was first introduced for ______ in 1966-67 and later expanded to include other essential food crops.

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Correct answer: A

Explanation

The correct answer is option 1 i.e. wheat.

  • The MSP system finally started in 1966-67 for wheat and was expanded further to include other essential food crops. 
  • Wheat and rice are among the top crops that are procured by the government at MSP from the country’s farmers.
  • The MSP is a minimum price guarantee that acts as a safety net or insurance for farmers when they sell particular crops.