Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
The Minimum Support Price ensures a floor for farmers’ produce, primarily for wheat and paddy, managed by FCI. Criticisms include overproduction of water-intensive crops and distortions in crop diversification. Reforms suggest direct benefit transfers, rationalizing MSP coverage, or linking MSP to market-based eNAM mechanisms. For exam angles, examine how procurement affects government stockpiles, fiscal outlays (food subsidy), and concerns about rational water usage or nutritional security across states.
Which of the following is considered a public good?
View QuestionWhat is the Phillips Curve?
View QuestionWhich of the following is a feature of monopolistic competition?
View QuestionWhat is the “law of diminishing marginal utility”?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following is NOT an example of an indirect tax?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhat is the primary goal of a progressive tax system?
View QuestionWhat is the meaning of “supply-side economics”?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
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