UPSC Prelims 2020 · GS Paper 1 · Q73

Economy

Medium · Factors Affecting the Domestic Price of Rice

Which of the following factors influence the domestic price of rice in India?

1. The Minimum Support Price announced by the government

2. Government trading (purchase and sale) of rice

3. Government stockpiling of rice under the public distribution system

4. Consumer subsidies on rice

Select the correct answer using the code given below.