© examsnet.com
Question : 23
Total: 60
'In India, agricultural subsidies have always been a topic of debate among the economic thinkers.' Identify, which of the following statement is not an argument in favour of continuation of the agricultural subsidies in India.
Solution:
(d) Subsidies mainly benefits the fertilizer industry and big farmers.
Explanation: As the purpose of subsidies is to encourage and help farmers, mainly small farmers to adopt new technologies and to reduce the inequalities between rich and poor farmers and the disadvantage or drawback is that mainly benefits the fertilizer industry and big farmers and the Government is facing the problem.
Explanation: As the purpose of subsidies is to encourage and help farmers, mainly small farmers to adopt new technologies and to reduce the inequalities between rich and poor farmers and the disadvantage or drawback is that mainly benefits the fertilizer industry and big farmers and the Government is facing the problem.
© examsnet.com
Go to Question: