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Understanding Markets — Social Studies STD 7 — Question

CBSE BoardEnglish MediumSTD 7Social StudiesUnderstanding Markets1 Mark
MCQ
Assertion (A): The Minimum Support Price (MSP) is set to help farmers avoid losses.
Reason (R): MSP guarantees that farmers get a fixed price for their produce even if market prices drop.
  • A
    Both A and R are true, and R is the correct explanation of A.
  • ✓
    Both A and R are true, and R is the correct explanation of A.
  • C
    A is true, but R is false.
  • D
    A is false, but R is true.
✓

Answer

Correct option: B.
Both A and R are true, and R is the correct explanation of A.
B

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