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
A.1, 2, 3 and 4✓ Correct
B.2 and 3 only
C.1, 3 and 4 only
D.1, 2 and 4 only
Explanation
All four factors - MSP, government trading, stockpiling, and consumer subsidies through PDS - affect rice prices in India through both demand and supply side influences.
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