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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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