What will be the ultimate impact on the poor and landless farmers if all of a sudden, government decides to raise the Minimum Support Prices of rice & food grains inexorably or excessively?

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TuteeHUB · Accepted Answer

This will encourage the exports of rice and food grains

TuteeHUB · Answer

The poor farmers will become rich

TuteeHUB · Answer

The markets will crash

TuteeHUB · Answer

The poor farmers will get poorer

1.	What will be the ultimate impact on the poor and landless farmers if all of a sudden, government decides to raise the Minimum Support Prices of rice & food grains inexorably or excessively?
A.	The poor farmers will become rich
B.	The markets will crash
C.	The poor farmers will get poorer
D.	This will encourage the exports of rice and food grains
Answer» D. This will encourage the exports of rice and food grains

What will be the ultimate impact on the poor and landless farmers if all of a sudden, government decides to raise the Minimum Support Prices of rice & food grains inexorably or excessively?

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