Question
Which of the following is/are the determinants of
MSP? (i) Cost of Production (ii) demand and supply (iii) price trend (iv) intercrop price parity (v) terms of trade between agricultural and non-agricultural sectorsSolution
Cost of Production (CoP) is one of the important factors in the determination of MSP of mandated crops. Besides cost, the Commission considers other important factors such as demand and supply, price trend in the domestic and international markets, intercrop price parity, terms of trade between agricultural and nonagricultural sectors and the likely impact of MSP on consumers, in addition to ensuring rational utilisation of natural resources like land and water. Thus, pricing policy is rooted not in ’cost plus’ approach, though cost is an important determinant of MSP.
The modern system of classification of living beings is based on the principles of
Which part of the plant is responsible for photosynthesis?
Two layers of a cloth of equal thickness provide warmer covering than a single layer of cloth with double the thickness. Why?
Which is the longest bone in the human body?
NaOH + HC1 -> NaCl + H₂ O in the given chemical reaction
Which of the following is an example of a chemical change?
Which of the following are examples of macro minerals?
Calculate the work done when a force of 10 N moves an object 5 m at 60° angle to direction of force.
Which of the following statements for the given chemical reaction is true?
Fe₂ O₃ + 2Al → Al₂ O₃ + 2Fe
Which one of the following is responsible for nuclear fission?
