1.

What is procurement price? I. It is that price at which government purchases the crop after harvesting, while MSP is the minimum price at which government declares it will buy the crop. II. It is that price at which people purchases the crop after harvesting, while MSP is the maximum price at which government declares it will buy the crop. III. It is the price at which people purchase the product from the government

A. Only I
B. II & III
C. Only III
D. None of the above
Answer» B. II & III


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