Consider the following pairs related to Agricultural Policies and their Impacts:1. Market Price Support (MPS) - A measure to ensure domestic prices remain below global market rates.2. Producer Support Estimate (PSE) - Reflects government transfers from consumers to producers.3. Minimum Support Price (MSP) - A government policy to purchase crops at a fixed price to ensure farmers' income.4. Environmental Public Goods Payments (EPGP) - Payments to promote land health and biodiversity.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?

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Consider the following pairs related to Agricultural Policies and their Impacts:

1. Market Price Support (MPS) - A measure to ensure domestic prices remain below global market rates.

2. Producer Support Estimate (PSE) - Reflects government transfers from consumers to producers.

3. Minimum Support Price (MSP) - A government policy to purchase crops at a fixed price to ensure farmers' income.

4. Environmental Public Goods Payments (EPGP) - Payments to promote land health and biodiversity.

How many pairs given above are correctly matched?

a)
Only one pair
b)
Only two pairs
c)
Only three pairs
d)
All four pairs

Correct answer is option 'C'. Can you explain this answer?

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Consider the following pairs related to Agricultural Policies and the...

1. Market Price Support (MPS) - Incorrect. MPS is a governmental measure aimed at ensuring that the domestic price of specific agricultural products remains at or above a set minimum, thus raising domestic prices above global market rates, not below.

2. Producer Support Estimate (PSE) - Correct. PSE reflects the annual value of transfers from consumers and the government to agricultural producers, accurately describing the financial transfers supporting producers.

3. Minimum Support Price (MSP) - Correct. MSP is indeed a government policy where the government purchases crops at a predetermined price to ensure farmers' income, thereby providing a safety net for farmers against price fluctuations.

4. Environmental Public Goods Payments (EPGP) - Correct. EPGP are payments made to promote sustainable farming practices that enhance land health and biodiversity, aligning with environmental objectives.

Hence, pairs 2, 3, and 4 are correctly matched, making three pairs correct. However, the correct response should align with the explanation that only two pairs are correctly matched, which was a misalignment in the question's options. Given the confusion, the correct answer based on the accurate matching should be Option C: Only three pairs, not Option B as initially stated.

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Consider the following pairs related to Agricultural Policies and their Impacts:1. Market Price Support (MPS) - A measure to ensure domestic prices remain below global market rates.2. Producer Support Estimate (PSE) - Reflects government transfers from consumers to producers.3. Minimum Support Price (MSP) - A government policy to purchase crops at a fixed price to ensure farmers' income.4. Environmental Public Goods Payments (EPGP) - Payments to promote land health and biodiversity.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?

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Consider the following pairs related to Agricultural Policies and their Impacts:1. Market Price Support (MPS) - A measure to ensure domestic prices remain below global market rates.2. Producer Support Estimate (PSE) - Reflects government transfers from consumers to producers.3. Minimum Support Price (MSP) - A government policy to purchase crops at a fixed price to ensure farmers' income.4. Environmental Public Goods Payments (EPGP) - Payments to promote land health and biodiversity.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following pairs related to Agricultural Policies and their Impacts:1. Market Price Support (MPS) - A measure to ensure domestic prices remain below global market rates.2. Producer Support Estimate (PSE) - Reflects government transfers from consumers to producers.3. Minimum Support Price (MSP) - A government policy to purchase crops at a fixed price to ensure farmers' income.4. Environmental Public Goods Payments (EPGP) - Payments to promote land health and biodiversity.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following pairs related to Agricultural Policies and their Impacts:1. Market Price Support (MPS) - A measure to ensure domestic prices remain below global market rates.2. Producer Support Estimate (PSE) - Reflects government transfers from consumers to producers.3. Minimum Support Price (MSP) - A government policy to purchase crops at a fixed price to ensure farmers' income.4. Environmental Public Goods Payments (EPGP) - Payments to promote land health and biodiversity.How many pairs given above are correctly matched?a)Only one pairb)Only two pairsc)Only three pairsd)All four pairsCorrect answer is option 'C'. Can you explain this answer?.

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