How much wheat was procured at the minimum support price between 2014-15 and 2025-26?
- A.2,254 lakh metric tonnes
- B.2,302 lakh metric tonnes
- C.3,715 lakh metric tonnes
- D.3,921 lakh metric tonnes
Correct answer
Explanation
The correct answer is 3,715 lakh metric tonnes. Wheat bought at the floor price over the years from 2014-15 to 2025-26 added up to that quantity. Option A, 2,254 lakh metric tonnes, is the wheat figure for the earlier stretch from 2004-05 to 2013-14 and so is wrong for the period asked about. Option B, 2,302 lakh metric tonnes, is wrong because it is the quantity of all six rabi crops taken together during that earlier stretch, not wheat alone. Option D, 3,921 lakh metric tonnes, is wrong for the same reason in reverse: it covers all six rabi crops from 2014-15 to 2025-26 rather than wheat by itself. Payments track the same pattern, with wheat growers receiving Rs 7.31 lakh crore in the later period against Rs 2.56 lakh crore in the earlier one.
Read the full article: CCEA Clears Rabi MSP Rise for 2027-28, Safflower Up Rs 675
Practice Questions
Which rabi crop received the largest absolute increase in minimum support price for marketing season 2027-28?
- A.Wheat
- B.Gram
- C.Safflower
- D.Barley
Show answer
For marketing season 2027-28 the floor price of safflower was raised by Rs 675 a quintal, the biggest rupee increase among the six mandated rabi crops.
Read the full explanation →Which crop enjoys the widest margin over the all-India weighted average cost of production under the rabi MSP for 2027-28?
- A.Wheat
- B.Safflower
- C.Lentil (masur)
- D.Gram
Show answer
The expected return over the all-India weighted average cost of production works out to 106 per cent for wheat, the highest among the six mandated rabi crops of the season.
Read the full explanation →The rule that minimum support price should be at least one and a half times the all-India weighted average cost of production was announced in which Union Budget?
- A.Union Budget 2014-15
- B.Union Budget 2018-19
- C.Union Budget 2020-21
- D.Union Budget 2022-23
Show answer
The rabi price revision for marketing season 2027-28 was described as being in line with the announcement made in that Budget, which set the benchmark of fixing a floor price at no less than one and a half times the all-India weighted average cost of production.
Read the full explanation →Which of these export categories recorded the highest year-on-year growth in April-October of FY 2026-27?
- A.Petroleum products
- B.Electronic goods
- C.Other cereals
- D.Engineering goods
Show answer
The grouping covers grains such as rye, barley, oats, fonio and quinoa, and leaves out wheat, rice, maize and millets.
Read the full explanation →By how much did India's merchandise exports grow during April-October of FY 2026-27?
- A.10.93%
- B.16.66%
- C.21.96%
- D.29.90%
Show answer
Goods clearly outpaced the other half of the basket during this stretch.
Read the full explanation →