UPSC General Studies Solved Paper - General Studies-2015

  • question_answer
    The Fair and Remunerative Price (FRP) of sugarcane is approved by the

    A)  Cabinet Committee on Economic Affairs

    B)  Commission for Agricultural Costs and Prices

    C)  Directorate of Marketing and Inspection, Ministry of Agriculture

    D)  Agricultural Produce Market Committee

    Correct Answer: A

    Solution :

    Exp. [a] With the amendment of the Sugarcane (Control) Order, 1966 on 22nd October, 2009, the concept of Statutory Minimum Price (SMP) of sugarcane was replaced with the Fair and Remunerative Price (FRP) of sugarcane for 2009-10 and subsequent sugar seasons. The cane price announced by the Central Government is decided on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP) after consulting the State governments and associations of sugar industry, and approved by the Cabinet Committee on Economic Affairs.


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