Consider the following statements about the Minimum Support Price:
1. MSP is fixed by the Commission for Agricultural Costs & Prices (CACP).
2. The Farmers' Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 seeks to abolish the MSP regime.
3. The current MSP regime is based on the C2 costs recommended by the Swaminathan Commission.
Which of the above statements are incorrect?
1
1 and 2 only
2
1, 2 and 3
3
2 and 3 only
4
1 only