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Question

Which of the following is/are not correct?

A
FCI stands for Food Corporation of India.
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B
MSP stands for Maximum Support Price.
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C
PDS stands for Public Distribution System.
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D
HYV stands for High Yielding Varieties.
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Solution

The correct option is B MSP stands for Maximum Support Price.
MSP stands for Minimum Support Price. MSP is a fixed price for crops that is pre-announced by the government. Every year, the MSP is declared by the government before the sowing season. It acts as an incentive for farmers to grow more crops.

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