wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is a MSP?

A
Minimum Support Price
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
Maximum Support Price
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Median Support Price
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Meta Support Price
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A Minimum Support Price
MSP refers to Minimum Support Price. The government announces a minimum support price for various crops, to ensure that farmers get a minimum price for their produce.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Minimum Support Price
CIVICS
Watch in App
Join BYJU'S Learning Program
CrossIcon