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Identify the correct sequence of events when a minimum support price is imposed: (A) Government buys the surplus at the predetermined price. (B)…

CUET UG 2025 — Economics Micro

2025mcqmedium

Identify the correct sequence of events when a minimum support price is imposed:

(A) Government buys the surplus at the predetermined price.
(B) Situation of Surplus occurs due to imposition of floor price.
(C) Government sets a minimum price.
(D) Market equilibrium occurs by the intersection of demand and supply curves.

Choose the correct answer from the options given below:

Official previous-year question

Held on 29 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    (A), (B), (C), (D)

  2. B

    (A), (C), (B), (D)

  3. C

    (B), (A), (D), (C)

  4. D

    (D), (C), (B), (A)

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