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?

The correct answer is safflower. 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. Rapeseed and mustard came second with a rise of Rs 413 a quintal. Option A, wheat, is wrong because wheat recorded the smallest increase of the lot, only Rs 25 a quintal, even though it enjoys the widest margin over its cost of production at 106 per cent. Option B, gram, is wrong because gram rose by Rs 83 a quintal, far below safflower. Option D, barley, is wrong because barley gained Rs 136 a quintal, again well short of the safflower figure. Lentil, also called masur, gained Rs 390 a quintal and stood third in the order of absolute increases.

The correct answer is wheat. 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. Option B, safflower, is wrong because safflower sits at the bottom of this list with a margin of 50 per cent, even though it drew the largest absolute rise in rupee terms. Option C, lentil or masur, is wrong because its margin is 92 per cent, below that of wheat and also below rapeseed and mustard at 96 per cent. Option D, gram, is wrong because gram carries a margin of 59 per cent, only a little above barley at 58 per cent. The margin is measured against a cost that includes hired labour, rent on leased land, seed, fertiliser, irrigation charges, depreciation, interest on working capital and the imputed value of family labour.

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.

The correct answer is sanctioning credit guarantees to small enterprises, which is a financing function and has nothing to do with a statistical register. The register is a central and regularly updated database of registered statistical units engaged in economic activity within a defined geographical territory, capturing businesses, enterprises and establishments, their key characteristics and the relationships between units. Options A, B and D are wrong choices for this question because each is in fact a stated function: the register identifies the target population for economic surveys, supports survey sample selection and enables the production of business demography statistics. It also provides a common framework for business demography information and facilitates integration and consistency across different data sources, which is why it is called foundational infrastructure for the economic statistics system.

The correct answer is Udyam Registration, the system under the Ministry of Micro, Small and Medium Enterprises on which enterprises record themselves as micro, small or medium units. Under the MoU its unit-wise data will be shared with the statistics ministry through application programming interfaces, and the two-way API will supply data for preparing the National Statistical Business Register. Option A is wrong because goods and services tax registration is administered by the tax authorities and is not the system named in this agreement. Option C is wrong because the labour ministry's compliance portal was not mentioned. Option D is wrong because company incorporation records sit with the corporate affairs machinery rather than the MSME ministry. The stated gain from the sharing is improved coverage, consistency and reliability of business information used for statistical purposes.