Who decides the Minimum Support Price (MSP) in India? - Practice (English) | ObjectiveMcq

Loading practice questions

A focused practice platform for competitive-exam MCQs, subject wise, topic wise practice, and current affairs revision.

Exams

SSC CGL
UPSC CSE PRELIMS
IBPS PO
RRB NTPC
CDS

Subjects

Mathematics
Physics
General Knowledge
English
Reasoning

Resources

Current Affairs
Search MCQs
Practice Sets

Company

About Us
Contact
Privacy Policy
Terms of Use
Disclaimer
Copyright

Practice library for exams, subjects, and daily revision. For learning purposes only.

© 2026 ObjectiveMcq.ComAll rights reserved

Who decides the Minimum Support Price (MSP) in India? - Practice (English) | ObjectiveMcq

PracticeClass 9EconomicsWho decides the Minimum Support Pri...

Economics Class 9Medium

1,277 views

Who decides the Minimum Support Price (MSP) in India?

Correct Answer:

(D) Commission for Agricultural Costs and Prices (CACP)

Explanation:

The CACP sets the Minimum Support Price (MSP), which helps ensure farmers get a fair price for their crops by looking at factors like the cost of production and market prices.

Related Practice

Why do pastoralists often follow specific routes during migration?
What was the impact of colonial taxes on pastoralists?
What is the main animal herded by pastoralists in the Sahel region?
How did railways affect pastoral life?
Which pastoral community is prominent in East Africa?
How did pastoralists adapt to colonial restrictions?
What was the Forest Act of 1878?
What is the term for seasonal migration of pastoralists?