Which of the following is/are the important factors taken into account while calculating the Minimum Support Price (MSP)?

1. Cost of production

2. Changes in input prices

3. Input/output Price Parity

4. Inter-crop Price Parity

5. International market price situation

Select the correct answer from the options given below:

1
1, 2 and 5
2
1, 3 and 4
3
All of the above
4
1, 2, 3 and 4

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