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What are the important factors considered by CACP (Commission for Agricultural Costs and Prices) while recommending the price policy of various commod
Question

What are the important factors considered by CACP (Commission for Agricultural Costs and Prices) while recommending the price policy of various commodities?

A.

Cost of production

B.

International market prices

C.

Fertilizer usage

D.

Both (a) and (b)

E.

None of the above

Correct option is D

CACP considers cost of production and international market prices while recommending Minimum Support Price (MSP) and price policies for various crops.

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