Civil Services Examination · Question 61
In India, which of the following can be considered as public investment in agriculture? 1. Fixing Minimum Support Price for agricultural produce of all crops 2. Computerization of Primary Agricultural Credit Societies 3. Social Capital development 4. Free electricity supply to farmers 5. Waiver of agricultural loans by the banking system 6. Setting up of cold storage facilities by the governments Select the correct answer using the code given below:
Show answer & explanation
Answer: (C) 2, 3 and 6 only
Explanation
Public investment creates capital assets: PACS computerisation, social capital and cold storage. MSP, free power and loan waivers are subsidies/transfers, not investment.