UPSC Prelims 2020Economy
Question 5 of 21Consider the following statements: 1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India. 2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise. Which of the statements given above is/are correct?
Linked Syllabus Concepts
Revision notes for concepts tested in this PYQ.