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Types of Borrowing

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Question

Which of the following schemes of the Govt of India is planned to help farmers by providing a competitive price to their produce?
(A) Minimum support price of agro products
(B) Creating buffer stock of food grains
(C) Making loans available to them on special and subsidized rates of interest

A

Only A

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B

Only B

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C

Only C

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D

All A, B and C

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Solution

The correct option is A Only A
Minimum Support Price or MSP is to support the farmers to earn the basic profits for their crops. It is the price set by the government at which they buy the food grains from the farmers so that they dont need face losses due to lower market prices.

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भारतीय किसानों को खाद्यान्न पर दिया जाने वाला न्यूनतम समर्थन मूल्य विश्व व्यापार संगठन के निम्नलिखित सब्सिडी समूह में से किसका एक हिस्सा है?

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