Single Answer MCQ
Q-00044120

What role did minimum support prices (MSP) play in Indian agriculture?

1

They decreased farmers' profits

2

They check the exploitation of farmers

3

They promote import of crops

4

They support urban agriculture

Answer and Solution

Answer

B. They check the exploitation of farmers

Solution:

Minimum support prices were introduced to ensure that farmers receive a fair price for their produce, protecting them from market exploitation. Other options misrepresent the function of MSP.

Watch Video Solution