Both statements are incorrect. First, while the Minimum Support Price (MSP) aims to provide a safety net for farmers, the procurement at MSP is not unlimited; it is contingent upon government policies and operational capacities in each State/UT. Second, MSP is determined based on various factors, including the cost of production and market trends, implying that market prices can and do fluctuate above the MSP depending on demand and supply conditions. Thus, understanding MSP's role and its mechanics is crucial for evaluating agricultural policies in India, aligning with the UPSC's focus on the economic landscape.