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What is Minimum Support price?

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NCERT Important Questions Class 9 Social Science Economics
Important NCERT Extra Questions
Chapter 4 Food Security in India,
NCERT Book Extra Questions for Session 2022-2023
CBSE Board and UP Board Others state Board

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  1. The FCI purchase wheat and rice from the farmers in states where there is surplus production. The farmers are paid a pre-announced price for their crops. This price is called minimum Support price.

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