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    Question

    The MRP of urea is statutorily fixed by the Government

    of India and at present it is Rs…………………. for a 50 Kg bag of urea.
    A Rs 242 Correct Answer Incorrect Answer
    B Rs 268 Correct Answer Incorrect Answer
    C Rs 298 Correct Answer Incorrect Answer
    D Rs 354 Correct Answer Incorrect Answer

    Solution

    The MRP of urea is statutorily fixed by the Government of India and at present it is Rs. 268 for a 50 Kg bag of urea/ Rs. 242 for a 45 kg bag of urea which includes Rs. 354/MT as dealer margin for private traders/PSUs/Cooperatives and Rs. 50/MT which is paid to retailers for acknowledging the receipt and reporting the stock in mFMS (iFMS) as additional incentive.

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