MCQOPTIONS
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| 1. |
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 |
| Answer» B. Subsidy given to farmers to buy fertilizers | |