Question:
Consider the following statements regarding the Minimum Support Price (MSP) for farmers.
Statement (A):
Farmers are paid a pre-announced price for their crops declared by the Government every year before the sowing season.
Statement (B):
Food grains are sold by the Government at a price lower than the market price.
Consider the following statements regarding the Minimum Support Price (MSP) for farmers.
Statement (A):
Farmers are paid a pre-announced price for their crops declared by the Government every year before the sowing season.
Statement (B):
Food grains are sold by the Government at a price lower than the market price.
Statement (A):
Farmers are paid a pre-announced price for their crops declared by the Government every year before the sowing season.
Statement (B):
Food grains are sold by the Government at a price lower than the market price.
Show Hint
MSP = minimum support price announced pre-sowing
Updated On: Apr 21, 2026
- Both Statement (A) and (B) are correct
- Both Statement (A) and (B) are incorrect
- Statement (A) is correct, (B) is incorrect
- Statement (A) is incorrect, (B) is correct
Show Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
Step 1: MSP is announced before sowing season. Government sells at higher price (not lower) through PDS. So (A) correct, (B) incorrect.
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