Question

Consider the following statements regarding Minimum Support Price (MS

  • P : 1. The MSPs are announced during harvesting season for certain crops based on the recommendations of the Commission for Agricultural Costs and Prices (CAC
  • P . 2. The MSPs are fixed at incentive levels to induce more investment by farmers in the farm sector. Which of the statements given above is/are correct?
A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2
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