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Paddy Procurement Target KMS
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Quiz · Paddy Procurement Target KMS
Two Prelims-style questions on this topic from 3 September 2026. Choose an option to check yourself, then open the full note or today’s full quiz.
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Consider the following statements regarding the Kharif Marketing Season (KMS): 1. The government set the paddy procurement target for KMS 2026-27 at 708.64 lakh tons. 2. Paddy procurement targets are aligned with kharif sowing acreage and MSP operations. Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Solution
What does the term Minimum Support Price (MSP) signify in the context of agricultural procurement?
A
The rate at which the government purchases crops from farmers, insuring them against sharp price falls.
B
The maximum retail price fixed by private traders for essential food grains.
C
The international benchmark price for exporting surplus paddy.
D
The cost of cultivation reimbursed entirely as an input subsidy before sowing.
Solution