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The Minimum Support Price for food grains was introduced in the year
  • a)
    1944
  • b)
    1964
  • c)
    1974
  • d)
    1954
Correct answer is option 'B'. Can you explain this answer?
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The Minimum Support Price for food grains was introduced in the yeara...
Food Corporation of India was set up on 14 January 1965 having its first District Office at Thanjavur - rice bowl of Tamil Nadu - and headquarters at Chennai under the Food Corporations Act 1964 to implement the following objectives of the National Food Policy: Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.
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The Minimum Support Price for food grains was introduced in the yeara)1944b)1964c)1974d)1954Correct answer is option 'B'. Can you explain this answer?
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