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
Correct answer
Explanation
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.
Read the full article: CCEA Clears Rabi MSP Rise for 2027-28, Safflower Up Rs 675
Practice Questions
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 →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
Show answer
Wheat bought at the floor price over the years from 2014-15 to 2025-26 added up to that quantity.
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 →