Question
Consider the following statements regarding the Minimum
Support Price (MSP) system in India: I. MSP is the rate at which the government purchases crops from farmers. II. It is based on a calculation of at least one-and-a-half times the cost of production incurred by farmers. III. MSP is fixed thrice a year on the recommendations of the Commission for Agricultural Costs and Prices (CACP). Which of the statements given above is/are not correct?Solution
MSP is the rate at which the government purchases crops from farmers, and is based on a calculation of at least one-and-a-half times the cost of production incurred by the farmers. Union Budget for 2018-19 had announced that MSP would be kept at levels of 1.5 the cost of production. MSP is fixed twice a year on the recommendations of the CACP, which is a statutory body.
In a certain code language,
‘A + B’ means ‘A is the mother of B’;
‘A – B’ means ‘A is the wife of B’;
‘A × B�...
Select the number that is related to the third term in the same way as the second term is related to the first term.
401 : 19 : : 730 :?
From the given options, select the alphanumeric group which will come in place of the question mark (?) in the following series.Â
3O, 5M, 8K, 13I, ?

Read the following statements and answer the following question.
A@B means A is the husband of B
A#B means A is the wife of B
A$B m...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Select the number that can replace the (?) in the following series.
240, ?, 120, 40, 10 , 2
Statements:
I. Some Mirrors are not Glasses.
II. All Glasses are Strong.
III. Some Strong are Fragile.
Conclusions:
...Four letter-clusters have been given, out of which three are consistent with each other in some manner while one is inconsistent with them. Select the o...
Read the given statement(s) and conclusions carefully. Assuming that the information given in the statement(s) is true, even if it appears to be at vari...