Subsidies and Transfers
Economics ⇒ Government and the Economy
Subsidies and Transfers starts at 11 and continues till grade 12.
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See sample questions for grade 12
A government provides a fertilizer subsidy of ₹500 per tonne to farmers. If a farmer buys 10 tonnes, what is the total subsidy received?
Define the term 'subsidy' in the context of government and the economy.
Describe the concept of 'leakage' in the context of subsidies and transfers.
Describe two major objectives of providing subsidies in India.
Discuss the impact of subsidies on market prices.
Discuss the role of Direct Benefit Transfer (DBT) in improving the efficiency of subsidies in India.
Discuss two challenges faced by the government in implementing targeted subsidies.
Explain how subsidies can affect the allocation of resources in an economy.
Explain how subsidies can lead to fiscal deficit.
Explain the difference between direct and indirect subsidies with suitable examples.
Explain the term 'quasi-fiscal subsidy' with an example.
Explain the term 'targeted subsidy' with an example.
Explain the term 'universal subsidy' with an example.
Explain why transfer payments are not included in the calculation of GDP.
What is the main difference between a subsidy and a transfer payment?
