Multiple Choice Questions on Consider the following Areca nut Barley Coffee Finger millet Groundnut Sesamum Turmeric The Cabinet ........... for UPSC Civil Services Examination (General Studies) Preparation

Intellectual Property Rights (IPR)

Economic Affairs

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Indian Economy - Understanding the basics of Indian economic system

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    Consider the following:

    1. Areca nut
    2. Barley
    3. Coffee
    4. Finger millet
    5. Groundnut
    6. Sesamum
    7. Turmeric

    The Cabinet Committee on Economic Affairs has announced the Minimum Support Price for which of the above?

    This questions was previously asked in
    UPSC CSP Previous Year Paper (2018)

    1, 2, 3 and 7 only

    Incorrect Answer

    2, 4, 5 and 6 only

    Correct Answer

    1, 3, 4, 5 and 6 only

    Incorrect Answer

    1, 2, 3, 4, 5 and 7

    Incorrect Answer
    Explanation:

    The MSP is fixed on the recommendations of the Commission for Agricultural Costs and Prices (CACP). The CACP is a statutory body and submits separate reports recommending prices for Kharif and Rabi seasons. Initially, MSP covered paddy, rice, wheat, jowar, bajra, maize, ragi (Finger Millet), barley, gram, tur, moong, urad, sugarcane, groundnut, soybean, sunflower seed, rapeseed and mustard, cotton, jute and tobacco,  Nigerseed and Sesamum. In addition to the edible oilseeds already covered by the Commission.


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