UPSC PRELIMS · ECONOMICS · AGRICULTURAL PRICES — RICE

Which of the following factors/policies were affecting the price of rice in India in the recent past? 1. Minimum Support Price 2. Government’s trading 3. Government’s stockpiling 4. Consumer subsidies Select the correct answer using the code given below:

Take a breath. Choose one. Press A–D on your keyboard if you like.

EXPLANATION

MSP, government procurement/trading and stockpiling, and consumer-side subsidies can all influence rice prices.

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