12th Class Economics Indian Economy / भारतीय अर्थव्यवस्था Question Bank MCQs - Indian Economy (1950-1990)

  • question_answer
    Which of the following alternative (s) explain the debate regarding the provision of subsidies during 1960's and 70's?

    A) Substituting fertiliser subsidies with seed subsidies as the former was benefitting big farmers than small farmers.

    B) Substituting fertiliser subsidies with agricultural subsidies as the former was benefitting fertiliser industry and not-the-target group.

    C) Shifting agricultural subsidies from production to consumption and thus benefit the prospective consumers

    D) All of the above are true

    Correct Answer: B

    Solution :

    It was argued that eliminating subsidies would increase the inequality between the small and large farmers, thus fertilizer subsidies which benefitted fertiliser industry and big farmers should be substituted with agricultural subsidies.


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