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Question

The minimum support price (MSP) of toria is fixed on the basis of MSP of ________.

The correct answer is
Rapeseed and Mustard

Toria MSP Basis Explained

The Minimum Support Price (MSP) for toria is determined based on the MSP of closely related crops within the same agricultural category. This ensures consistency and fair pricing across similar oilseeds.

Determining Toria MSP

  • Toria is a type of oilseed, closely related botanically and economically to rapeseed and mustard.
  • Government policies often align the MSP of minor oilseeds like toria with the MSP of major oilseeds such as rapeseed and mustard.
  • This linkage helps in stabilizing the market and providing adequate returns to farmers cultivating toria.

Therefore, the MSP of toria is fixed on the basis of the MSP of Rapeseed and Mustard.

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Important Questions from Agriculture Economics

  1. Different crops grown in alternate rows is an example of:

  2. What is the Share of Rajasthan in the Chambal Valley Project?
  3. The total area on which crops are cultivated within an agricultural year, including areas where crops are grown more than once, is known as:
  4. In Maharashtra, approx. what percentage of the workforce of the state is engaged in the agriculture sector?

  5. Which of the following is NOT an institutional factor for agriculture?

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