Economics

MSP stands for _____.


ANSWER

Minimum Support Price


SOLUTION
The farmers are paid a pre-announced price for their crops. This price is called Minimum Support Price (MSP). The MSP is declared by the government every year before the sowing season to provide incentives to the farmers for raising the production of these crops.
View Full Answer

Its FREE, you're just one step away

Create your Digital Resume For FREE on your name's sub domain "yourname.wcard.io". Register Here!


Single Correct Medium Published on 16th 09, 2020
Next Question
Questions 120418
Subjects 10
Chapters 88
Enrolled Students 76
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
Which food security scheme was initiated for targeted poor people?
  • A. RPDS
  • B. AAY
  • C. All of these
  • D. TPDS

Asked in: Economics - Food Security in India


1 Verified Answer | Published on 16th 09, 2020

View Answer
Q2 Subjective Medium
What are the main objectives of Public Distribution System?

Asked in: Economics - Food Security in India


1 Verified Answer | Published on 16th 09, 2020

View Answer
Q3 Single Correct Medium
ISO stands for.
  • A. Indian Organisation of Standardisation
  • B. International Standardisation of Organisation
  • C. None of these
  • D. International Organization of Standardisation

Asked in: Economics - Food Security in India


1 Verified Answer | Published on 16th 09, 2020

View Answer
Q4 Single Correct Medium
Food production within the country, food imports and the previous year's stock of granaries is called _____.
  • A. Affordability of food
  • B. Accessability of food
  • C. Stock of food
  • D. Availability of food

Asked in: Economics - Food Security in India


1 Verified Answer | Published on 16th 09, 2020

View Answer
Q5 Subjective Medium
Write a note on the role of cooperatives in providing food and related items.

Asked in: Economics - Food Security in India


1 Verified Answer | Published on 16th 09, 2020

View Answer