Economy
2020
Agriculture Schemes
Fiscal Policy
UPSC Practice Question

Consider 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?
D.Neither 1 nor 2
C.Both 1 and 2
B.2 only
A.1 only