Which of the following statements is/are correct with reference to the copra?

Answer & Explanation

Option:Both A & B

Explanation:

The Cabinet Committee on Economic Affairs (CCEA) has approved the Minimum Support Price (MSP) of copra for 2021 season. The approval is based on recommendations of the Commission for Agricultural Costs and Prices (CACP). Copra is the dried meat or kernel of the coconut, which is the fruit of the coconut palm (Cocos nucifera). Coconut oil is extracted from copra, making it an important agricultural commodity for many coconut-producing countries.