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For how many ...

Question

For how many agricultural products does the government regulate the prices?

A

24

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B

23

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C

22

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D

26

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Solution

The correct option is D
26

The government currently fixes price for 26 commodities. They are as follows:

Cereals (7) - paddy, wheat, barley, jowar, bajra, maize and ragi

Pulses (5) - gram, arhar/tur, moong, urad and lentil

Oilseeds (8) - groundnut, rapeseed/mustard, toria, soyabean, sunflower seed, sesamum, safflower seed and nigerseed

Copra

De-husked coconut

Raw cotton

Raw jute

Sugarcane (Fair and remunerative price)

Virginia flu cured (VFC) tobacco

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Government fixes price for how many agricultural products

Q. In _____, Agricultural Price Commission (now rechristened as Commission for Agricultural Costs and Prices (CACP) was set up to advice the Government from time to time on appropriate price policies for agricultural commodities.

Q. Identify the term used for an agricultural product price set by the Government of India to purchase directly from the farmers.

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Q. 96. Government of India declares Minimum Support Price (MSP) for 25 notified agricultural commodities for each Kharif and Rabi crop season. Government procures these products through multiple agencies to ensure the availability of food grains. Consider the following statement with references to the procuring agencies.
1. National Agricultural Cooperative Marketing Federation of India Ltd.(NAFED)is Central Nodal Agencies for procurement of Oilseeds, Pulses and Cotton under Price Support Scheme (PSS) of Government of India.
2. Food Corporation of India is the nodal central agency for procurement of wheat and paddy under Price Support Scheme (PSS).
3. Coarse grains are procured by State Government Agencies for Central Pool as per the direction issued by Government of India on time to time.
4. Agriculture Produce Marketing Cooperatives (APMC) of the respective state government deals mainly in horticulture products.
Which of the above statement(s) is/are correct?

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