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    Question

    Consider the following statements in regards to the Economic Survey of India 2022-23, chapter 8, Agriculture and Food Management:

    1. Private investment in agriculture increases to 9.3% in 2020-21
    2. MSP for all mandated crops fixed at 1.5 times of all India weighted average cost of production since 2018
    3. Institutional Credit to the Agricultural Sector continued to grow to 18.6 lakh crore in 2021-22

    Which of the following statements given above is/are correct?

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 & 3 Correct Answer Incorrect Answer
    E All Correct Answer Incorrect Answer

    Solution

    All the statements are correct. Private investment in agriculture increases to 9.3% in 2020-21. MSP for all mandated crops fixed at 1.5 times of all India weighted average cost of production since 2018. Institutional Credit to the Agricultural Sector continued to grow to 18.6 lakh crore in 2021-22.

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