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According to CACP’s method for cost calculation, minimum support prices are announced each year after taking into account the which of the following factors
1. All actual expenses in cash and kind incurred in production
2. Rent paid for leased land plus imputed value of family labour
3. interest on value of owned capital assets (excluding land)
4. managerial remuneration to the farmer.
Choose your answer from the codes given below:
1, 2 , 3 ,4
1, 2 and 3
1, 3 and 4
2, 3 and 4
All the statements are correct.
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