UPSC Exam > UPSC Questions > Consider the following statements regarding t...
Start Learning for Free
Consider the following statements regarding the ‘Agreement on Agriculture’:
1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.
2. The subsidies for environmental protection and regional development programmes are included in the Green box.
3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.
Which of the statements given above is/are correct?
- a)1 only
- b)1, 2 and 3
- c)2 and 3 only
- d)1 and 3 only
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Consider the following statements regarding the ‘Agreement on Ag...
- The Agreement on Agriculture is aimed to remove trade barriers and to promote transparent market access and integration of global markets. Hence, statement 1 is correct.
- Three pillars of Agreement on Agriculture:
- Domestic Support: It calls for reduction in domestic subsidies that distorts free trade and fair price.
- Under this provision, the Aggregate Measurement of Support (AMS) is to be reduced by 20% over a period of 6 years by developed countries and 13% over a period of 10 years by developing countries.
- Under this, Subsidies are categorized into:
- Green Box:
- Subsidies that do not distort trade, or at most cause minimal distortion.
- They are government-funded and must not involve price support.
- They also include environmental protection and regional development programmes. Hence, statement 2 is not correct.
- “Green box” subsidies are therefore allowed without limits, provided they comply with the policy-specific criteria.
- Amber Box:
- All domestic support measures considered to distort production and trade (with some exceptions) fall into the amber box as all domestic supports except those in the blue and green boxes.
- These include measures to support prices, or subsidies directly related to production quantities. Hence, statement 3 is correct.
- Blue Box:
- This is the “amber box with conditions”. Such conditions are designed to reduce distortion.
- Any support that would normally be in the amber box is placed in the blue box if the support also requires farmers to limit production.
- At present, there are no limits on spending on blue box subsidies.
- Green Box:
- Market Access: Market access for goods in the WTO means the conditions, tariff and non-tariff measures, agreed by members for the entry of specific goods into their markets.
- Market access requires that tariffs fixed (like custom duties) by individual countries be cut progressively to allow free trade. It also required countries to remove non-tariff barriers and convert them to Tariff duties.
- Export Subsidy: Subsidy on inputs of agriculture, making export cheaper or other incentives for exports such as import duty remission etc are included under export subsidies.
- These can result in dumping of highly subsidized (and cheap) products in other countries and damage the domestic agriculture sector of other countries.
- Domestic Support: It calls for reduction in domestic subsidies that distorts free trade and fair price.
Most Upvoted Answer
Consider the following statements regarding the ‘Agreement on Ag...
Topic:
1. The topic is not specified in the question.
2. The statements regarding the topic are not provided.
3. The question is incomplete.
1. The topic is not specified in the question.
2. The statements regarding the topic are not provided.
3. The question is incomplete.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Top Courses for UPSCView all
Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?.
Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements regarding the ‘Agreement on Agriculture’:1. It is aimed to remove trade barriers and to promote transparent market access and integration of global markets.2. The subsidies for environmental protection and regional development programmes are included in the Green box.3. The measures to support prices, or subsidies directly related to production quantities are included in the Amber box.Which of the statements given above is/are correct?a)1 onlyb)1, 2 and 3c)2 and 3 onlyd)1 and 3 onlyCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup