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Q13·GS Paper 1 · Prelims 2015

Fair and Remunerative Price for sugarcane

EconomyAgricultural pricing and policyFactual singleEasyStatic

Question

The Fair and Remunerative Price (FRP) of sugarcane is approved by the

Options

a

Cabinet Committee on Economic Affairs

Answer
b

Commission for Agricultural Costs and Prices

c

Directorate of Marketing and Inspection, Ministry of Agriculture

d

Agricultural Produce Market Committee

Explanation

The Fair and Remunerative Price (FRP) for sugarcane is approved by the Cabinet Committee on Economic Affairs (CCEA). The CACP (Commission for Agricultural Costs and Prices) may make recommendations, but final approval comes from the CCEA. The Directorate of Marketing and Inspection handles grading and marking, not price approval. Agricultural Produce Market Committees regulate local markets. FRP is a centralized government decision to ensure minimum prices for this important crop. > FRP Sugarcane → CCEA approval (Cabinet-level). Answer: (a).

Question details

Year

2015

Paper

GS Paper 1

Question

Q13

Subject

Economy

Sub-topic

Agricultural pricing and policy

Type

Factual single

Difficulty

Easy

Nature

Static

Source hint

NCERT Economics and Agricultural Policy

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