According to the Reserve Bank of India Credit and Monetary Policy, the rate of increase in the Minimum Support Price (MSP) of food grains has been more than that of the rate of inflation. This would mean that Options: A . &nbsp inflation will be more than the price of food grains B . &nbsp there will be an increase in the availability of food grains C . &nbsp increase in the price of food grains will be more than proportionate to the rate of inflation D . &nbsp there will be a reduction in the open market price of food grains

According to the Reserve Bank of India Credit and Monetary Policy, the rate of

Question

According to the Reserve Bank of India Credit and Monetary Policy, the rate of increase in the Minimum Support Price (MSP) of food grains has been more than that of the rate of inflation. This would mean that

Options:

A . inflation will be more than the price of food grains

B . there will be an increase in the availability of food grains

C . increase in the price of food grains will be more than proportionate to the rate of inflation

D . there will be a reduction in the open market price of food grains

Answer: Option C
:
C

Option: (c)

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