Q. Which of the following factors are taken into account while deciding the Minimum support price (MSP) for agricultural produce?
Select the correct answer using the codes given below:
Explanation:
Minimum Support Price (MSP) is the minimum price set by the government for certain agricultural products, at which the products would directly be bought from the farmers if the open market prices are less than the cost incurred.
The Commission for Agricultural Costs and Prices (CACP) decides the minimum support price taking into account the following factors: