What is the full form of MIS?
Answer
Correct Answer : b ) Market Intervention Scheme
Explanation :The Market Intervention Scheme (MIS) covers the horticultural commodities and other agricultural commodities which are perishable in nature and are not covered under the Minimum Support Price scheme. Government implements MIS for a particular commodity at the request of a State Government concerned. In case of losses suffered, they are shared on 50:50 basis between Central Government and the State.
The MIS is currently implemented for commodities like apples, kinnoo/malta, garlic, oranges, galgal, grapes, mushrooms, clove, black pepper, pineapple, ginger, red-chillies, coriander seed, isabgol, chicory, onions, potatoes, cabbage, mustard seed, castor seed, copra, palm oil, etc.
Hence, option (b) is correct.
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