Consider the following statements:

Statement I: The government's Minimum Support Price (MSP) policy supports crop diversification by providing stable returns for farmers.

Statement II: The MSP for pulses and oilseeds has seen significant increases in FY25, including an 89% increase for Masur and a 98% increase for rapeseed.
Which one of the following is correct in respect of the above statements?

Question

Question

Both Statement I and Statement II are correct, and Statement II explains Statement I.
Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
Statement I is correct, but Statement II is incorrect.
Statement I is incorrect, but Statement II is correct.

Answer 1

The correct answer is Both Statement I and Statement II are correct, and Statement II explains Statement I.

Key Points

The government has significantly increased MSP for various crops, including pulses and oilseeds, in FY25. This helps ensure better returns for farmers and encourages crop diversification, which is essential for improving agricultural sustainability.
MSP policy encourages crop diversification and ensures stable returns, which aligns with the increase in MSP for crops like Masur and rapeseed.
Hence Both Statement I and Statement II are correct, and Statement II explains Statement I.