Question

    Fair and remunerative price (FRP) is the minimum price

    at which rate sugarcane is to be purchased by sugar mills from farmers. The current FRP for the sugar season 2023-24 is ____ at basic recovery rate of 10.25%. 
    A Rs 305/qt Correct Answer Incorrect Answer
    B Rs 315/qt Correct Answer Incorrect Answer
    C Rs 350/qt Correct Answer Incorrect Answer
    D Rs 345/qt Correct Answer Incorrect Answer
    E Rs 330/qt Correct Answer Incorrect Answer

    Solution

    Fair and Remunerative Price (FRP) of sugarcane for sugar season 2023-24 (October – September) at Rs.315/qt for a basic recovery rate of 10.25%.

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