Question

    Minimum Support Price (MSP) is a form of market

    intervention by the Government of India to insure agricultural producers against any sharp fall in agricultural crops prices. Which committee, chaired by Prime minister, finally approves the MSP as per the recommendations of CACP?
    A Cabinet Committee on Economic Affairs Correct Answer Incorrect Answer
    B Commission for Agricultural Costs & Prices Correct Answer Incorrect Answer
    C Shivaraman committee Correct Answer Incorrect Answer
    D Nodal Committee on MSP Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Cabinet Committee on Economic Affairs chaired by Prime minister, finally approves the MSP as per the recommendations of CACP.

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