Which one of the following is the objective of the Commission for Agricultural Costs and Prices (CACP)?

Correct option is D

The objective of the Commission for Agricultural Costs and Prices (CACP) is D. All of these. 

Explanation: The CACP aims to stabilize agricultural prices, ensure meaningful real income levels for farmers, and protect consumer interests by providing essential agricultural commodities at reasonable rates through the Public Distribution System (PDS). 

Key points about the CACP:

Main function:

Recommend Minimum Support Prices (MSPs) for various agricultural crops to guarantee farmers a reasonable income. 

Consideration of factors:

When recommending MSPs, the CACP takes into account factors like cost of production, market prices, demand-supply conditions, and the impact on consumer prices. 

Impact on farmers:

MSPs incentivize farmers to adopt new technologies, increase productivity, and maintain production even during periods of low market prices. 

Impact on consumers:

While prioritizing farmer welfare, the CACP also aims to ensure consumers have access to essential agricultural commodities at reasonable prices.