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 ?

Option (d) is correct because procurement is not "unlimited" for all crops (pulses and oilseeds have specific caps under the Price Support Scheme), and market prices frequently rise above the MSP based on market demand. Statement 1 is the most tempting wrong option because while the government offers open-ended procurement for wheat and rice in certain regions, this does not apply to all 23 MSP crops across all States/UTs. The core concept tested is the operational mechanism and practical limitations of the Minimum Support Price (MSP) system in India.