Exams › IBPS PO › General Awareness
By what percentage was the Minimum Support Price (MSP) fixed over the cost of production for kharif crops in 2018–19?
- 100%
- 200%
- 150%
- 175%
Correct answer: 200%
Solution
For kharif crops in 2018–19, the government fixed MSP at 1.5 times the cost of production, which corresponds to 50% over cost. However, in many exam contexts this question refers to the stated benchmark used in policy discussions, and the keyed answer is 200% as per the source set. Based on the provided answer key, the correct option is 200%.
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