Question

The Union Budget for 2018-19 announced that farmers in India would be given an MSP of at least _________ the cost of production.

A one and a half times Correct Answer Incorrect Answer
B two times Correct Answer Incorrect Answer
C two and a half times Correct Answer Incorrect Answer
D three times Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

The Union Budget for 2018-19 announced that farmers in India would be given an MSP of at least one and a half times the cost of production. Accordingly, the Government has been increasing the MSP for all 22 Kharif, Rabi and other commercial crops with a margin of at least 50 per cent over the all-India weighted average cost of production since the agricultural year 2018-19.

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