Which of the following statements regarding the Minimum Support Price (MSP) for copra is/are correct?
1. The Commission for Agricultural Costs and Prices (CACP) recommends the MSP for copra.
2. NAFED and NCCF act as the Central Nodal Agencies for copra procurement under the Price Support Scheme (PSS).

Question

Accepted Answer

C) Both 1 and 2 — Both statements are correct. The CACP recommends the MSP based on production costs and market trends, while NAFED and NCCF handle actual procurement operations under the Price Support Scheme.

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