The Minimum Support Prices in India are notified based on the recommendations of which one among the following Commissions ?
- Commission for Agricultural Costs and Prices
- Commission for Farmers' Benefits and Costs
- Commission for Agricultural Subsidy Costs and Prices
- Commission for Agricultural Subsidy Benefits and Costs
The Correct Option is A
Solution and Explanation
In India, the Minimum Support Prices (MSP) are crucial for providing a safety net to farmers by assuring a minimum price for their produce. The determination of these prices plays a significant role in the agricultural sector and overall economy. The Commission for Agricultural Costs and Prices (CACP) is the authoritative body responsible for recommending the MSP.
The CACP evaluates a variety of factors before making its recommendations, including:
- Cost of production
- Changes in input prices
- Market price trends
- Inter-crop price parity
- The demand and supply situation
By considering these factors, the CACP aims to ensure that the MSP is fair and beneficial for both the farmers and the market. The recommendations made by the CACP are aimed at incentivizing farmers to adopt the best practices and inputs to increase agricultural productivity.
Questions Asked in GATE XH-C1 exam
Two players \( A \) and \( B \) are playing a game. Player \( A \) has two available actions \( a_1 \) and \( a_2 \). Player \( B \) has two available actions \( b_1 \) and \( b_2 \). The payoff matrix arising from their actions is presented below:
Let \( p \) be the probability that player \( A \) plays action \( a_1 \) in the mixed strategy Nash equilibrium of the game.
Then the value of p is (round off to one decimal place).- GATE XH-C1 - 2025
- Logical Reasoning
Eight students (P, Q, R, S, T, U, V, and W) are playing musical chairs. The figure indicates their order of position at the start of the game. They play the game by moving forward in a circle in the clockwise direction.
After the 1st round, the 4th student behind P leaves the game.
After the 2nd round, the 5th student behind Q leaves the game.
After the 3rd round, the 3rd student behind V leaves the game.
After the 4th round, the 4th student behind U leaves the game.
Who all are left in the game after the 4th round?
Here are two analogous groups, Group-I and Group-II, that list words in their decreasing order of intensity. Identify the missing word in Group-II.
Abuse \( \rightarrow \) Insult \( \rightarrow \) Ridicule
__________ \( \rightarrow \) Praise \( \rightarrow \) Appreciate
The 12 musical notes are given as \( C, C^\#, D, D^\#, E, F, F^\#, G, G^\#, A, A^\#, B \). Frequency of each note is \( \sqrt[12]{2} \) times the frequency of the previous note. If the frequency of the note C is 130.8 Hz, then the ratio of frequencies of notes F# and C is:
- Had I learnt acting as a child, I ________ a famous film star.
Select the most appropriate option to complete the above sentence.