2020 Economy - Agriculture, MSP, Food Policy

Consider the following statements:1. In the case of all cereals, pulses and oil-seeds, the procurement at Minimum Support Price (MSP) is unlimited in any State/UT of India.2. In the case of cereals and pulses, the MSP is fixed in any State/UT at a level to which the market price will never rise.Which of the statements given above is/are correct?

• 1 only
• 2 only
• Both 1 and 2
• Neither 1 nor 2