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Consider the following statements: The Commission on Agricultural Costs and Prices (CACP) notifies MSP based on the recommendations of the Cabinet Committee on Economic Affairs (CCEA). Presently, the MSPs are fixed at least 50% more than cost of production as calculated according to A2+FL approach. MSP has statutory support, but Fair and Remunerative Prices (FRP) do not. Which of the statements given above are incorrect?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements: The Commission on Agricultural Costs and Prices (CACP) notifies MSP based on the recommendations of the Cabinet Committee on Economic Affairs (CCEA). Presently, the MSPs are fixed at least 50% more than cost of production as calculated according to A2+FL approach. MSP has statutory support, but Fair and Remunerative Prices (FRP) do not. Which of the statements given above are incorrect?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements: The Commission on Agricultural Costs and Prices (CACP) notifies MSP based on the recommendations of the Cabinet Committee on Economic Affairs (CCEA). Presently, the MSPs are fixed at least 50% more than cost of production as calculated according to A2+FL approach. MSP has statutory support, but Fair and Remunerative Prices (FRP) do not. Which of the statements given above are incorrect?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.

Solutions for Consider the following statements: The Commission on Agricultural Costs and Prices (CACP) notifies MSP based on the recommendations of the Cabinet Committee on Economic Affairs (CCEA). Presently, the MSPs are fixed at least 50% more than cost of production as calculated according to A2+FL approach. MSP has statutory support, but Fair and Remunerative Prices (FRP) do not. Which of the statements given above are incorrect?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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