The correct answer is option 4: Support Price.

The Commission for Agriculture Costs and Prices (CACP) determines and fixes the price levels for essential commodities, such as wheat and rice. This process is known as the fixation of support price. The support price is a minimum price set by the government to ensure that farmers receive a fair and remunerative price for their crops. It provides a safety net for farmers, ensuring that they do not incur losses due to low market prices.

Option 1: Administered Price is not the correct answer in this context. Administered prices are set by authorities or regulators, but they may not necessarily be aimed at supporting farmers or ensuring fair remuneration.

Option 2: Market Price is not the correct answer because the market price is determined by supply and demand forces in the open market, whereas in this case, the government intervenes to set a minimum price.

Option 3: Control Price is not the correct answer because control prices are usually set by the government to regulate prices and prevent excessive inflation or exploitation, but they may not necessarily aim to support farmers.

To summarize, the fixation of price levels for wheat and rice by the CACP is an example of the government setting a minimum price, known as