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      Question

      The price which is announced by the government before

      sowing to secure the benefits of farmers is known as  
      A MSP Correct Answer Incorrect Answer
      B Issue price Correct Answer Incorrect Answer
      C Irvy price Correct Answer Incorrect Answer
      D Retail price Correct Answer Incorrect Answer

      Solution

      Minimum Support Price (MSP) is announced by the government before sowing. It is a type of   market intervention by the Gov. to insure agricultural producers against any sharp fall in farm   prices.

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