Question:
Statement A: The Food Corporation of India (FCI) purchases wheat and rice from the farmers in states where there is surplus production.
Statement B: The farmers are paid minimum support price which is declared by the Government every year before the sowing season.
Choose the correct answer from the options given below:
Statement A: The Food Corporation of India (FCI) purchases wheat and rice from the farmers in states where there is surplus production.
Statement B: The farmers are paid minimum support price which is declared by the Government every year before the sowing season.
Choose the correct answer from the options given below:
Statement B: The farmers are paid minimum support price which is declared by the Government every year before the sowing season.
Choose the correct answer from the options given below:
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The MSP system helps in stabilizing agricultural income and ensuring food security in India.
Updated On: Feb 16, 2025
- Both statements A and B are correct
- Both statements A and B are incorrect
- Statement A is correct, B is incorrect
- Statement A is incorrect, B is correct
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The Correct Option is A
Solution and Explanation
Statement A is correct: The Food Corporation of India (FCI) does purchase wheat and rice from farmers in states where there is surplus production, to ensure adequate food grain stock for the country.
Statement B is also correct: The minimum support price (MSP) is indeed declared by the government every year before the sowing season, providing farmers with a guaranteed price for their crops.
Thus, both statements A and B are correct.
Statement B is also correct: The minimum support price (MSP) is indeed declared by the government every year before the sowing season, providing farmers with a guaranteed price for their crops.
Thus, both statements A and B are correct.
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