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According to the evaluation report of Niti Ayog related to Minimum Support Price (MSP), Which of the following statement(s) is/ are correct?(a) MSP is
Question

According to the evaluation report of Niti Ayog related to Minimum Support Price (MSP), Which of the following statement(s) is/ are correct?

(a) MSP is declared before the sowing season.

(b) The idea behind MSP is to give guaranteed prices to the farmers and save them from price fluctuations.

(c) With globalization resulting in free trade in agricultural commodities, it is not important to protect the farmers from the unwarranted fluctuations in prices.

A.

(a), (c) only

B.

(a), (b) only

C.

(b) only

D.

(c) only

E.

Answer not known

Correct option is B

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