Topics: CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books

Subsidy Counter Argument

Question

Those who support continuing agricultural subsidies argue that:

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Question (English)

Those who support continuing agricultural subsidies argue that:

  1. Subsidies have no economic benefit
  2. Farming is risky and poor farmers need subsidies; removing them increases inequality ✓ Correct
  3. Rich farmers need more support
  4. Subsidies should be given only to fertiliser industry
Explanation:
Correct Answer Explanation

Farming in India continues to be risky. Most farmers are very poor and cannot afford inputs without subsidies. Eliminating them would increase inequality.

Key Points:
  • Correct policy is not to abolish subsidies but ensure only poor farmers benefit.
  • Removing subsidies would violate the goal of equity.

📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990

This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.

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