Civil Services TNPSC Group 1 (New Syllabus) Mock Test 2025 Current Affairs Government Policies and Schemes
Select the correct statement about the Minimum Support Price (MSP):
1. MSP is the rate at which the government buys grains from farmers.
2. The Union Budget for 2018-19 had announced that MSP would be kept at levels of 1.5 the cost of production.
3. The MSP is fixed once a year.
1
Only 1
2
Only 3
3
Both 1 and 2
4
Both 1 and 3
5
Answer Not Known