Question
What is the complete term for 'MSP' in the context of
agriculture?Solution
MSP stands for Minimum Support Prices. It represents a government-guaranteed price aimed at securing agricultural producers against any sharp fall in farm prices. This system ensures that farmers are not adversely affected during bumper production phases by providing a safety net.
- Which article of the Indian Constitution makes the Right to Property a legal right?
Which of the following pairs is correctly matched?
The sequence of folding a piece of paper and the manner in which the folded paper has been cut is shown below. Choose a figure which would most closely ...
Which country hosted the 3rd Summit for Democracy?
Which coalfield in Jharkhand has been identified as having high potential for coal bed methane generation?
Who has recently unveiled its ambitious plan to build the first lunar railway system?
- Which of the following crops is cultivated during the monsoon (Kharif) season?
'Mycorrhiza' is a symbiotic association between:
Who is awarded PETA India’s person of the year 2022?
Who is the guest country for the World Book Fair 2024?
Relevant for Exams:
