Consider the following

1. MSP is given for 23 agricultural commodities
2. Fair remunerative price is paid for Sugarcane

Which of the above are correct?

1 only

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2 only

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Both 1 and 2

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None of the above

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Solution

The correct option is C
Both 1 and 2
Currently, MSP for 23 crops is recommended by CACP, which comprise seven cereals (paddy, wheat, maize, sorghum, pearl millet, barley and ragi), five pulses (gram, tur, moong, urad, lentil), seven oilseeds (groundnut, rapeseed-mustard, soyabean, sesamum, sunflower, safflower, nigerseed), and four commercial crops (copra, sugarcane, cotton and raw jute).

FRP is the minimum price that sugar mills have to pay to sugarcane farmers.

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Similar questions

Q36. Consider the following statements regarding Fair and Remunerative Price (FRP) of sugarcane:

1. It approved by Commission for Agricultural Costs and Prices (CACP).

2. It is announced for Jute as well.

Which of the above statement(s) is/are correct?

Q27. Consider the following statements with regard to Minimum Support Price (MSP).

1. MSP is price fixed by the Commission for Agricultural Costs and Prices (CACP).

2. The change in input prices is not included while considering the MSP.

Which of the above statement(s) is/are correct?

Q. Fair remunerative price is paid for Cotton

83. With reference to Sugarcane Pricing Policy, 'Fair and Remunerative Price (FRP)' is decided on the basis of the recommendations of Commission for Agricultural Costs and Prices (CACP).

Which of the following factors is/are considered for this?

i) Cost of production of sugarcane

ii) Return to the growers from alternative crops and the general trend of prices of agricultural commodities

iii) Availability of sugar to consumers at a fair price

iv. The realization made from sale of by-products viz. molasses, bagasse and press mud or their imputed value

Q. Q8. Consider the following statements about the Commission for Agricultural Costs & Prices (CACP):
1. It is mandated to recommend minimum support prices (MSPs)
2. Union Agriculture Minister is the ex-officio chairperson of the commission
Which of the above statements is/are correct?

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Consider the following 1. MSP is given for 23 agricultural commodities 2. Fair remunerative price is paid for Sugarcane Which of the above are correct?

Consider the following

1. MSP is given for 23 agricultural commodities
2. Fair remunerative price is paid for Sugarcane

Which of the above are correct?