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Question No. 35Interactive Test Mode
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Q35. Which of the following factors/policies were affecting the price of rice in India in the recent past? 1. Minimum Support Price 2. Government’s trading 3. Government’s stockpiling 4. Consumer subsidies Select the correct answer using the code given below.

Which of the following factors/policies were affecting the price of rice in India in the recent past?

  1. Minimum Support Price
  2. Government’s trading
  3. Government’s stockpiling
  4. Consumer subsidies Select the correct answer using the code given below.
Select the correct option below (or cross out options to eliminate)

Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 2020 • Indian Economy

Correct Answer: Option (D) — 1, 2, 3 and 4

Concept & Option Breakdown

Standard Reference Verified

All four factors influence the domestic price of rice in India:

  1. Minimum Support Price (MSP): Acts as a floor price and influences open market procurement costs.
  2. Government's trading: Import/export policies and FCI operations directly alter domestic supply and demand dynamics.
  3. Government's stockpiling: Maintaining buffer stocks for PDS and food security absorbs market supply, affecting price levels.
  4. Consumer subsidies: Schemes like NFSA and OMSS distribute grain at subsidised rates, modulating open-market consumer demand.
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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 2020 (Q35)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Agriculture & Rural Economy
Official Answer KeyOption (D) — 1, 2, 3 and 4

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Frequently Asked Questions — UPSC Prelims 2020 Q35

What is the official answer for UPSC Prelims 2020 GS Paper I Question 35 (Indian Economy)?

The official UPSC answer key for this 2020 Indian Economy (Agriculture & Rural Economy) question is Option (D): "1, 2, 3 and 4". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 2020 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Agriculture & Rural Economy". You can explore all repeated questions from Agriculture & Rural Economy in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Agriculture & Rural Economy UPSC Prelims question using option elimination?

To solve Agriculture & Rural Economy questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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