Question:
Which of the following institutions recommends MSP of agricultural commodities to the Government of India?
Which of the following institutions recommends MSP of agricultural commodities to the Government of India?
Show Hint
CACP recommends MSP for 23-25 crops.
Government announces MSP after CACP recommendations.
MSP is a safety net for farmers.
Government announces MSP after CACP recommendations.
MSP is a safety net for farmers.
Updated On: Aug 25, 2026
- FCI
- NAFED
- CACP
- NDDB
Show Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
Step 1: Understanding the Concept:
Minimum Support Price (MSP) is a price guarantee mechanism for agricultural commodities.
Step 2: Detailed Explanation:
CACP (Commission for Agricultural Costs and Prices) recommends MSP of agricultural commodities to the Government of India.
CACP is a statutory body under the Ministry of Agriculture.
It considers factors like:
- Cost of production (A2+FL and C2).
- Domestic and international prices.
- Supply and demand conditions.
Other institutions:
- FCI (A): Food Corporation of India - procures food grains.
- NAFED (B): National Agricultural Cooperative Marketing Federation - marketing of agricultural produce.
- NDDB (D): National Dairy Development Board - dairy sector.
Thus, CACP recommends MSP.
Step 3: Final Answer:
Thus, CACP recommends MSP of agricultural commodities.
[0.5cm]
Minimum Support Price (MSP) is a price guarantee mechanism for agricultural commodities.
Step 2: Detailed Explanation:
CACP (Commission for Agricultural Costs and Prices) recommends MSP of agricultural commodities to the Government of India.
CACP is a statutory body under the Ministry of Agriculture.
It considers factors like:
- Cost of production (A2+FL and C2).
- Domestic and international prices.
- Supply and demand conditions.
Other institutions:
- FCI (A): Food Corporation of India - procures food grains.
- NAFED (B): National Agricultural Cooperative Marketing Federation - marketing of agricultural produce.
- NDDB (D): National Dairy Development Board - dairy sector.
Thus, CACP recommends MSP.
Step 3: Final Answer:
Thus, CACP recommends MSP of agricultural commodities.
[0.5cm]
Was this answer helpful?
0
0
Top ICAR AIEEA Water Science and Technology Questions
- The optimum temperature ($^{\circ}$C) for germination of wheat is
- Wheat varieties with initial HD are developed by
- Groundnut is also known as
- Which of the following planting method is not related to sugarcane crop?
- Read the following statements about ICAR Institutes.
(A). ICAR - Indian Institute of Sugarcane Research is located at Lucknow
(B). ICAR- Indian Institute of Pulses Research is located in Hyderabad
(C). ICAR- Central Research Institute for Dryland Agriculture is located at Jodhpur
(D). ICAR- Indian Institute for Soybean Research is located at Indore
(E). ICAR- Indian Institute of Water Management is located at Bhubaneswar
Choose the correct answer from the options given below:
View More Questions
Top ICAR AIEEA Soil and Water Conservation Engineering Questions
- Followings are some of the statements related to farm pond
(A). Dugout ponds are the most common type of farm ponds.
(B). Levee ponds are generally used in aquaculture.
(C). A narrow section of valley with mild side slopes are preferable for pond site selection.
(D). Simpson's rule gives more accurate capacity of pond values than the trapezoidal formula.
Choose the correct answer from the options given below: - Match List-I with List-II.
\[ \begin{array}{|l|l|} \hline \textbf{List-I (Name of Tank)} & \textbf{List-II (Location)} \\ \hline \text{(A) Pampasaras} & \text{(I) Rajasthan} \\ \text{(B) Veeranum} & \text{(II) Kasargod} \\ \text{(C) Khadin} & \text{(III) Bellary} \\ \text{(D) Surangam} & \text{(IV) Tamil Nadu} \\ \hline \end{array} \]
Choose the correct answer from the options given below. - The range of 2.6-2.7 Mg.m$^{-3}$ represents the following:
- The actual evapotranspiration divided by crop coefficient gives-
- Given below are two statements, one is labelled as Assertion (A) and other one labelled as Reason (R).
Assertion (A): In strip cropping both close growing and row crops are planted in alternate strips in the same field.
Reason (R): In comparison to contour farming, strip cropping is a more effective method to control erosion.
In light of the above statements, choose the most appropriate answer from the options given below.
View More Questions
Top ICAR AIEEA Questions
- Which of the following statements is false?
- Which of the following is an example of an inventory?
- According to Adam Smith, productivity gains could be brought about through .
- The supply curve for an artificially scarce good is .
- Which of the following would not be considered an opportunity cost of paid employment?
View More Questions