UPPSC 2015 GS-I Economy
Question

Which of the following makes recommendation regarding fixing of minimum support price for various crops?

Answer & Solution

Answer: (Detailed Solution Below)

Option C: Commission for Agricultural Costs and Prices

Detailed Solution:

The correct answer is “Commission for Agricultural Costs and Prices”.

The Commission for Agricultural Costs and Prices (CACP) is a government body that is responsible for making recommendations regarding the Minimum Support Price (MSP) for various crops in India.

Similar Questions:

Which of the following makes recommendation regarding fixing of minimum support price for various crops?
  1. Indian Council of Agricultural Research
  2. NABARD
  3. Commission for Agricultural Costs and Prices
  4. Indian Agricultural Research Institute
Which one of the following committees recommended the abolition of reservation of items for the small scale sector in industry?
  1. Abid Hussain Committee
  2. NarasimhanCommittee
  3. Nayak Committee
  4. Rakesh Mohan Committee
The cause of Low productivity in Indian agriculture is:
  1. More people than required are engaged in agricultural work
  2. Small size of holding
  3. Backward or old technology of production
  4. All of the above
Which one of the following pairs is not correctly matched?
  1. Life of Hiuen Tsiang – Hui-li
  2. The Natural History – Ptolemy
  3. Historial Philippical – Pompeius Trogus
  4. The Histories – Herodotus
The concept of "Navratna" is associated with:
  1. selected categories of technical manpower
  2. selected export-oriented units
  3. selected food-processing industries
  4. selected Public Sector Enterprises
Which one of the following organisation is the main regulator of stock markets in India?
  1. Controller of Capital of Stocks
  2. Ministry of Finance
  3. Indian Company Law Board
  4. Security and Exchange Board of India
Assertion (A): The Government is resorting to disinvestment of some of the public sector units (PSU's).
Reason (R): PSU's have not generated enough employment opportunities.

Codes:
  1. Both A and R are true and R is the correct explanation of A
  2. Both A and R are true but R is not the correct explanation of A
  3. A is true but R is false
  4. A is false but R is true
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).

Assertion (A): The labour force participation rate failing sharply in the recent years for females in India.
Reason (R): The decline in labour force participation rate is due to the improved family income and increase in education.

Select the correct answer from codes given below:
Codes:
  1. Both (A) and (R) are true and (R) is the correct explanation of (A)
  2. Both (A) and (R) are true and (R) is not the correct explanation of (A)
  3. (A) is true, but (R) is false
  4. (A) is false, but (R) is true
Which one of the following is the main source of the State revenue in U.P.:
  1. State Excise
  2. Stamps and Registration
  3. Land Revenue
  4. Trade Tax
The Indian planned economy is based:
  1. On Gandhian system
  2. On the Socialist system
  3. On Capitalist system
  4. On Mixed economy
Which of the following methods has/have been used to estimate poverty in India ?

1. Head Count Ratio
2. Calorie intake
3. Household Consumption Expenditure
4. Per Capita Income

Select the correct answer from the codes given below.
Codes :
  1. 2 and 3
  2. 1, 2 and 3
  3. 3 only
  4. 1, 2, 3 and 4
Human Development Report 1997 introduced the concept of Human Poverty Index (HPI) but Human Development Report replaced it with Multidimensional Poverty Index (MPI) in the year:
  1. 1999
  2. 2005
  3. 2010
  4. 2015