Minimum Support Price for Groundmet for 1995-96 declared by government of India is Rs:

900
875
850
800

The correct answer is (a) 900.

The minimum support price (MSP) is a price set by the government of India to protect farmers from falling prices. The MSP is set for a variety of crops, including groundnut. The MSP for groundnut for the 1995-96 season was Rs. 900 per quintal.

The MSP is important because it helps to ensure that farmers get a fair price for their produce. It also helps to stabilize the market and prevent prices from falling too low.

However, the MSP has also been criticized for being too high. Some people argue that the MSP leads to overproduction and that it is not sustainable in the long run.

Overall, the MSP is an important tool for the government to support farmers and stabilize the market. However, it is important to use the MSP carefully to avoid overproduction and other problems.

Here is a brief explanation of each option:

(a) 900: This is the correct answer. The MSP for groundnut for the 1995-96 season was Rs. 900 per quintal.
(b) 875: This is the MSP for groundnut for the 1994-95 season.
(c) 850: This is the MSP for groundnut for the 1993-94 season.
(d) 800: This is the MSP for groundnut for the 1992-93 season.