Which of the following is are the components of general reforms introduced under agriculture during ...........

Economics (CUET) Indian Economy on the eve of Independence

Which of the following is/are the components of general reforms introduced under agriculture during 1950?

MSP

Subsidies

Regulated Market

All of the above

- Option 1: MSP (Minimum Support Price)

- Introduced to ensure farmers receive a certain minimum price for their produce.

- Aimed to prevent distress sale and provide income support to farmers.

- Option 2: Subsidies

- Provided to reduce the cost of agricultural inputs like seeds, fertilizers, and irrigation.

- Aimed at promoting agricultural productivity and support farmer welfare.

- Option 3: Regulated Market

- Established to prevent exploitation of farmers by middlemen.

- Ensured fair trading practices and transparent pricing mechanisms.

- Option 4: All of the above

- This option is correct. General reforms in agriculture during 1950 included all the components mentioned—MSP, Subsidies, and Regulated Markets.

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