All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
Humanities/Arts Exam  >  Humanities/Arts Questions  >  Choose the incorrect statement about subsidie... Start Learning for Free
SaveJoin the Discussion on the App
Choose the incorrect statement about subsidies given below:
A. Subsidies are economic benef its granted by Government.
B. Subsidies help in increasing production.
C. Subsidies are burden on Government budget.
D. Subsidies are Capital expenditure.
E. Subsidies were needed to encourage formers to test the new technology.
Choose the correct answer from the options given below:
  • a)
    B and C
  • b)
    C and D only
  • c)
    B and C only
  • d)
    A and E only
Correct answer is option 'B'. Can you explain this answer?
FREE This question is part of
Download PDF Attempt Test
Download PDF Attempt this Test
Most Upvoted Answer
Choose the incorrect statement about subsidies given below:A. Subsidie...
Subsidies are a type of benefit that is offered by the government to the people, it results in reduction in the value of the subsidised product. It can be offered to individuals or public and private institutions. Subsidies are a part of nonplan expenditure.
Free Test
FREE
Start Free Test
Start Free Test
Community Answer
Choose the incorrect statement about subsidies given below:A. Subsidie...
Incorrect Statement: Subsidies help in increasing production.

Explanation:
Subsidies are economic benefits granted by the government to specific industries, sectors, or individuals. They are designed to support and promote certain activities or groups in the economy. While subsidies can have various impacts and purposes, it is incorrect to say that subsidies always help in increasing production.

- Subsidies are economic benefits granted by Government: Subsidies are financial assistance provided by the government to support certain industries, sectors, or individuals. They are given to encourage specific activities that are considered beneficial for the economy, such as promoting innovation, reducing poverty, or supporting strategic industries. Subsidies can be in the form of direct cash transfers, tax breaks, or reduced interest rates on loans. They aim to provide economic benefits to recipients and help achieve certain policy objectives.

- Subsidies are a burden on the Government budget: Subsidies can indeed be a burden on the government budget. When the government provides subsidies, it incurs a cost that needs to be financed through tax revenue or borrowing. This can put pressure on the government's fiscal position and may lead to budget deficits if not managed properly. However, it is worth noting that subsidies are often justified based on their expected long-term benefits for the economy.

- Subsidies are capital expenditure: Subsidies are typically classified as revenue expenditure rather than capital expenditure. Capital expenditure refers to investments made by the government to create or enhance physical assets, such as infrastructure projects or the acquisition of fixed assets. On the other hand, subsidies are usually recurring expenses aimed at supporting ongoing activities or providing financial assistance to specific recipients.

- Subsidies were needed to encourage farmers to test the new technology: This statement is true. Subsidies have often been used to incentivize farmers to adopt new technologies and practices. For example, governments may provide subsidies for the purchase of modern farm equipment, the use of advanced irrigation systems, or the adoption of environmentally friendly farming methods. These subsidies aim to encourage farmers to embrace innovation and improve productivity in the agricultural sector.

Conclusion:
The incorrect statement is option B: Subsidies help in increasing production. While subsidies can have a positive impact on production in certain cases, it is not always the case. The impact of subsidies on production depends on various factors, such as the specific objectives of the subsidy program, the efficiency of its implementation, and the overall economic conditions.
< Previous Question Next Question >
Explore Courses for Humanities/Arts exam

Similar Humanities/Arts Doubts

Direction for Questions: Read the passage carefully and answer the questions.PPPs will help in bridging treatment gap, enhance care delivery in India.Dr. Shravan Subramanyam05 Apr 2022,The Governments focus on digitization over the past few years has enabled enhanced delivery of healthcare in India, increasing capacity and efficiency in the sector.There has been an 85% surge in teleconsultation, and digital platforms have eased accessibility to crucial healthcare solutions, supported by the National Digital Health Mission. This has evolved the way we look at healthcare challenges, and has presented Inida with an opportunity to address issues at the grassroots level.The Production-Linked Incentive (PLI) Scheme and the draft paper on Medical Devices Manufacturing Policy 2022 will further promote domestic manufacturing of medical devices that will help deepen access to quality and affordable healthcare solutions.The Government has extended support for local manufacturing of medical equipment with an aim to increase healthcare expenditure to 2.5% of gross domestic product by 2025. The Atmanirbhar Bharat initiative provides further impetus to the industry to develop and enhance healthcare infrastructure with continued technological upgradation. Public-Private Partnerships (PPPs) will help increase access to healthcare and improve patient outcomes. PPPs bring together the expertise and finances of the private sector with the access and subsidies of the public sector. It can bring in resources the Government needs for its healthcare goals, as well as create a sustainable longterm model. The need for PPPs is further underlined considering the layout of medical infrastructure in India.According to a report by Niti Aayog, 60% of medical infrastructure is densely populated across metropolitan cities. Addressing this, private hospital chains are increasingly expanding beyond the metros to tier-2 and -3 cities. Private players are also seeking accreditation and developing new healthcare models at an increasing rate. PPPs will also help address the shortage of skilled workers by establishing programmes to up skill the health workforce with the ability to adapt to technological advancements......Q. A few challenge in the healthcare sector in India are:A. Adequate inv estment by both public and priv ate sector in health infrastructure in India.B. Lack of proper medical facilities in sem i-urban and rural areas.C. Lack of skilled workers in health workf orce.D. Proper awareness of health and hygiene.E. Lack of access to healthcare facilities.Choose the correct answer from the options given below

Direction for Questions: Read the passage carefully and answer the questions.PPPs will help in bridging treatment gap, enhance care delivery in India.Dr. Shravan Subramanyam05 Apr 2022,The Governments focus on digitization over the past few years has enabled enhanced delivery of healthcare in India, increasing capacity and efficiency in the sector.There has been an 85% surge in teleconsultation, and digital platforms have eased accessibility to crucial healthcare solutions, supported by the National Digital Health Mission. This has evolved the way we look at healthcare challenges, and has presented Inida with an opportunity to address issues at the grassroots level.The Production-Linked Incentive (PLI) Scheme and the draft paper on Medical Devices Manufacturing Policy 2022 will further promote domestic manufacturing of medical devices that will help deepen access to quality and affordable healthcare solutions.The Government has extended support for local manufacturing of medical equipment with an aim to increase healthcare expenditure to 2.5% of gross domestic product by 2025. The Atmanirbhar Bharat initiative provides further impetus to the industry to develop and enhance healthcare infrastructure with continued technological upgradation. Public-Private Partnerships (PPPs) will help increase access to healthcare and improve patient outcomes. PPPs bring together the expertise and finances of the private sector with the access and subsidies of the public sector. It can bring in resources the Government needs for its healthcare goals, as well as create a sustainable longterm model. The need for PPPs is further underlined considering the layout of medical infrastructure in India.According to a report by Niti Aayog, 60% of medical infrastructure is densely populated across metropolitan cities. Addressing this, private hospital chains are increasingly expanding beyond the metros to tier-2 and -3 cities. Private players are also seeking accreditation and developing new healthcare models at an increasing rate. PPPs will also help address the shortage of skilled workers by establishing programmes to up skill the health workforce with the ability to adapt to technological advancements......Match List - I with List - II.Choose the correct answer from the options given below

Direction for Questions: Read the passage carefully and answer the questions.PPPs will help in bridging treatment gap, enhance care delivery in India.Dr. Shravan Subramanyam05 Apr 2022,The Governments focus on digitization over the past few years has enabled enhanced delivery of healthcare in India, increasing capacity and efficiency in the sector.There has been an 85% surge in teleconsultation, and digital platforms have eased accessibility to crucial healthcare solutions, supported by the National Digital Health Mission. This has evolved the way we look at healthcare challenges, and has presented Inida with an opportunity to address issues at the grassroots level.The Production-Linked Incentive (PLI) Scheme and the draft paper on Medical Devices Manufacturing Policy 2022 will further promote domestic manufacturing of medical devices that will help deepen access to quality and affordable healthcare solutions.The Government has extended support for local manufacturing of medical equipment with an aim to increase healthcare expenditure to 2.5% of gross domestic product by 2025. The Atmanirbhar Bharat initiative provides further impetus to the industry to develop and enhance healthcare infrastructure with continued technological upgradation. Public-Private Partnerships (PPPs) will help increase access to healthcare and improve patient outcomes. PPPs bring together the expertise and finances of the private sector with the access and subsidies of the public sector. It can bring in resources the Government needs for its healthcare goals, as well as create a sustainable longterm model. The need for PPPs is further underlined considering the layout of medical infrastructure in India.According to a report by Niti Aayog, 60% of medical infrastructure is densely populated across metropolitan cities. Addressing this, private hospital chains are increasingly expanding beyond the metros to tier-2 and -3 cities. Private players are also seeking accreditation and developing new healthcare models at an increasing rate. PPPs will also help address the shortage of skilled workers by establishing programmes to up skill the health workforce with the ability to adapt to technological advancements......Q. Which of the following is incorrect about Public Private Partnerships (PPP) in health infrastructure in India?

Direction for Questions: Read the passage carefully and answer the questions.PPPs will help in bridging treatment gap, enhance care delivery in India.Dr. Shravan Subramanyam05 Apr 2022,The Governments focus on digitization over the past few years has enabled enhanced delivery of healthcare in India, increasing capacity and efficiency in the sector.There has been an 85% surge in teleconsultation, and digital platforms have eased accessibility to crucial healthcare solutions, supported by the National Digital Health Mission. This has evolved the way we look at healthcare challenges, and has presented Inida with an opportunity to address issues at the grassroots level.The Production-Linked Incentive (PLI) Scheme and the draft paper on Medical Devices Manufacturing Policy 2022 will further promote domestic manufacturing of medical devices that will help deepen access to quality and affordable healthcare solutions.The Government has extended support for local manufacturing of medical equipment with an aim to increase healthcare expenditure to 2.5% of gross domestic product by 2025. The Atmanirbhar Bharat initiative provides further impetus to the industry to develop and enhance healthcare infrastructure with continued technological upgradation. Public-Private Partnerships (PPPs) will help increase access to healthcare and improve patient outcomes. PPPs bring together the expertise and finances of the private sector with the access and subsidies of the public sector. It can bring in resources the Government needs for its healthcare goals, as well as create a sustainable longterm model. The need for PPPs is further underlined considering the layout of medical infrastructure in India.According to a report by Niti Aayog, 60% of medical infrastructure is densely populated across metropolitan cities. Addressing this, private hospital chains are increasingly expanding beyond the metros to tier-2 and -3 cities. Private players are also seeking accreditation and developing new healthcare models at an increasing rate. PPPs will also help address the shortage of skilled workers by establishing programmes to up skill the health workforce with the ability to adapt to technological advancements......Q. According to the report by NITI AAYOG, the current medical infrastructure in density populated across.

Top Courses for Humanities/ArtsView all

Top Courses for Humanities/Arts

Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer?
Question Description
Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Choose the incorrect statement about subsidies given below:A. Subsidies are economic benef its granted by Government.B. Subsidies help in increasing production.C. Subsidies are burden on Government budget.D. Subsidies are Capital expenditure.E. Subsidies were needed to encourage formers to test the new technology.Choose the correct answer from the options given below:a)B and Cb)C and D onlyc)B and C onlyd)A and E onlyCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
Explore Courses for Humanities/Arts exam

Top Courses for Humanities/Arts

Explore Courses

Suggested Free Tests

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© 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