Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Which of the following statements are correct ?

A. Subsidies will reduce inequality between rich and poor farmers.
B. Subsidies are given to the farmers who does not do agricultural work
C. Subsidies are given to the farmers daughter to continue education
D. Subsidies needed to encourage farmers to test the new technology
E. Subsidies needed for the landless labourers

Choose the correct answer from the options given below:

Options:

A and E only

A and D only

D and B only

B and C only

Correct Answer:

A and D only

Explanation:

The correct statements are:

A. Subsidies will reduce inequality between rich and poor farmers.

D. Subsidies needed to encourage farmers to test the new technology.

Explanation:

A. Subsidies will reduce inequality between rich and poor farmers: Subsidies, when targeted appropriately, can help support small and marginalized farmers, reducing the economic disparities between different groups.

B. Subsidies are given to the farmers who do not do agricultural work: This statement is generally not true. Subsidies are typically provided to active farmers engaged in agricultural activities.

C. Subsidies are given to the farmers' daughter to continue education: Subsidies in agriculture are usually related to farming activities rather than education.

D. Subsidies needed to encourage farmers to test the new technology: Subsidies can be used as incentives to encourage farmers to adopt new technologies and practices, promoting agricultural innovation.

E. Subsidies needed for the landless laborers: Subsidies are usually targeted towards farmers rather than landless laborers. Landless laborers may benefit from other social welfare programs or employment schemes.