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Q: Which one of the following is an example of a price floor?... | CDS II 2019 PYQ | UPSCGPT
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CDS II 2019
Question #117
Basic Economic Concepts
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Which one of the following is an example of a price floor?
A
Minimum Support Price (MSP) for Jowar in India
B
Subsidy given to farmers to buy fertilizers
C
Price paid by people to buy goods from ration shops
D
Maximum Retail Price (MRP) printed on the covers/packets of goods sold in India
Pick an option above to test your answer
Reveal Answer ⌄
Subject:
Economy
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