The Cabinet Committee on Economic Affairs CCEA increased the Minimum Support Prices MSPs of cotton l...........

General Studies (MTS) Indian Economy

The Cabinet Committee on Economic Affairs (CCEA) increased the Minimum Support

Prices (MSPs) of cotton (long staple) to Rs______ per quintal for marketing season

2020-21.

This questions was previously asked in

SSC MTS 14th October 2021 Shift-1

7,285

5,825

6,855

8,525

- The Cabinet Committee on Economic Affairs (CCEA) revises the Minimum Support Prices (MSPs) every year.

- For the marketing season 2020-21, the MSP of cotton (long staple) was increased to Rs 5,725 per quintal in the previous season (2019-20).

- The correct MSP for cotton (long staple) for 2020-21 was set at Rs 5,825 per quintal.

1. Option 1: 7,285 – This is not the correct MSP for cotton (long staple) for 2020-21.

2. Option 2: 5,825 – This is the correct MSP as notified by the government.

3. Option 3: 6,855 – This is incorrect.

4. Option 4: 8,525 – This is also incorrect.

- Therefore, the correct answer is Option 2: Rs 5,825 per quintal.

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