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Question Practice

What is the purpose of minimum support prices (MSP) in agriculture?

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MCQ_SA
CBSE
Class 11
Economics
Indian Economic Development
RURAL DEVELOPMENT
Question Bank

What is the purpose of minimum...

Single Answer MCQ
Q-00062141

What is the purpose of minimum support prices (MSP) in agriculture?

1

To encourage private traders

2

To guarantee farmers' income stability

3

To reduce the production of agricultural goods

4

To promote exports of agricultural products

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