Question

The Cabinet Committee on Economic Affairs has given its

approval for the Minimum Support Prices (MSPs) for copra for 2024 season. Which of the following statements is/are NOT TRUE ? I.The MSP for Fair Average Quality of milling copra has been fixed at Rs.11,160/- per quintal and for ball copra at Rs.12,000/- per quintal for 2024 season. II.The MSP for 2024 season is an increase of Rs.500/- per quintal for milling copra and Rs.450/- per quintal for ball copra over the previous season. III.The MSP in 2014-15 was Rs.4,350 per quintal and Rs.6,500 per quintal for milling copra and ball copra.

A Only I

B Only I & II

C Only III

D Only II & III

E None of these

Practice Next

More GK Miscellaneous Questions

For the given data, n=20, X̅ = 40, Y̅ = 60, ∑(X-10)² = 100, ∑(Y-30)² =160 and ∑(X-10)*(Y-30) = 80. Calculate the r...
In a futures contract, marking-to-market refers to:
A consumer purchases x1 = 40, x2 = 20 at the prices p1 = 4 and p2 = 12. He is also observed to purchase x1 = 36 and x2 = 8 at the prices p1 = 6 and p2 =...
The mean of two samples sized 50 and 100 are 54.1 and 50.3 respectively. The standard deviation of these sample are 8 and 7 respectively. What will be t...
Assertion (A): There is a natural tendency to collude under oligopoly.

Reason (R) : Inter-dependence of firms in oligopolisti...
Consider a fractional reserve banking system with a legally required reserve-deposit ratio of m. Suppose that an individual deposits ID dollars in one ...
Suppose that the exchange rate of the Indian rupee appreciates by 10 per cent relative to the currencies of India’s trading partners. Over the same pe...
The index of import prices stands at 150 and that of exports is 180. What is the terms of trade
Which of the following is not true
1. Monopoly form of market organization may be result of increasing ret...

The Cabinet Committee on Economic Affairs has given its

Solution