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Today General Knowledge(GK)
Which one of the following is an example of a price floor?
A)
Minimum Support Price (MSP) for Jowar in India
B)
Subsidy given to farmers to buy fertilizers
C)
Price paid by people to buy goods from ration shops
D)
Maximum Retail Price (MRP) printed on the covers/ packets of goods sold in India

Correct Answer : Option (A) - Minimum Support Price (MSP) for Jowar in India


Published On : May 19, 2021
Category : Business and Economics
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