Skip to content
GK24
EconomyMedium

Which rabi crop has been given the highest absolute increase in Minimum Support Price for Marketing Season 2027-28?

  1. A.Wheat
  2. B.Safflower
  3. C.Lentil (masur)
  4. D.Gram

Correct answer

B. Safflower

Explanation

The correct answer is safflower. Its support price was raised by the largest rupee amount among the mandated rabi crops, Rs 675 a quintal, when the rates for Rabi Marketing Season 2027-28 were cleared on 30 September 2026. Rapeseed and mustard came next with a rise of Rs 413, then lentil with Rs 390 and barley with Rs 136. Option A, wheat, is wrong because wheat was raised by a far smaller amount, even though wheat enjoys the highest margin over the cost of production at 106 per cent. Option C, lentil, had the third largest rise and not the largest. Option D, gram, was lifted by a smaller sum than safflower as well. Aspirants should separate two ideas that examiners like to mix: the biggest rupee rise, which went to safflower, and the biggest margin over cost, which belongs to wheat. Note also that the safflower margin stands at the floor of 50 per cent that the price policy guarantees.

Read the full article: Rabi MSP for 2027-28: Safflower Gets the Biggest Rise

Q1.EconomyEasy

Which body recommends the Minimum Support Prices announced by the Union Government?

  1. A.NITI Aayog
  2. B.Food Corporation of India
  3. C.Commission for Agricultural Costs and Prices
  4. D.National Agricultural Cooperative Marketing Federation
Show answer
Correct answer: C. Commission for Agricultural Costs and Prices

Minimum Support Prices are declared every year for 22 mandated crops on the recommendations of this commission, which also takes into account the views of state governments and central ministries and departments.

Q4.EconomyEasy

Under which ministry does the Chief Labour Commissioner (Central) function?

  1. A.Ministry of Labour and Employment
  2. B.Ministry of Corporate Affairs
  3. C.Ministry of Skill Development and Entrepreneurship
  4. D.Ministry of Heavy Industries
Show answer
Correct answer: A. Ministry of Labour and Employment

The office of the Chief Labour Commissioner (Central) works under this ministry, and the Assistant Labour Commissioner (Central) at Jalandhar, whose conciliation produced the settlements at UltraTech, Bathinda, functions under that office.