Q9 · UPPSC Prelims 2018 · Set B · General Studies

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From 4 July 2018, the Minimum Support Price (MSP) during 2018–19 for paddy per quintal is:

A Rs. 1,550
B Rs. 1,650
C Rs. 1,750
D Rs. 1,950

Correct answer: (c) Rs. 1,750

Explanation

  1. A

    Rs. 1,550

    (a) Rs. 1,550. That was the common-paddy MSP of 2017–18, not the 4 July 2018 revision for 2018–19. It is not the key.

  2. B

    Rs. 1,650

    (b) Rs. 1,650. Sixteen hundred fifty is a round step between old and new MSPs, not the notified 2018–19 common paddy rate.

  3. C

    Rs. 1,750

    (c) Rs. 1,750. On 4 July 2018 the Union Cabinet fixed common paddy MSP for 2018–19 at Rs 1,750 a quintal, about 1.5 times the all-India weighted cost. Grade-A paddy was Rs 1,770. That stored figure is the official key.

  4. D

    Rs. 1,950

    (d) Rs. 1,950. Nineteen hundred fifty overshoots the 2018–19 paddy MSP. It is not the key.

Summary. Official key is (c) Rs. 1,750. Common paddy MSP for 2018–19, notified from 4 July 2018, was Rs 1,750 per quintal. Rs 1,550 is the previous year’s common rate. Rs 1,650 and Rs 1,950 are distractors. Neighbouring facts are Grade-A Rs 1,770 and the 1.5-times-cost formula of that Budget.