MCQ
Subsidies MCQ - Practice Questions with Answers
Solve 1 Subsidies questions for RAS/RPSC preparation.
Practice questions
Q1The monetary assistance given by the Government for production activities is called:
Explanation
A subsidy is financial assistance given by the Government to support production, reduce costs, or encourage a desired economic activity. GDP is a measure of the total value of goods and services produced in an economy, not a payment to producers. A quota is a quantitative limit or allocation, often used in trade or distribution. A licence is official permission to carry out an activity. Since the question asks about monetary help for production activities, subsidy is the precise economic term.
You've seen 1 of 1 sample questions
Unlimited practice on Subsidies comes with the RAS Test Series + Practice pack or Gate Pass.
More topics in Indian Economy
Monetary & Fiscal PolicyEconomic Growth & Sustainable DevelopmentIndustrial Growth & Economic ReformsService Sector, Energy & TransportAgricultural DevelopmentSkill Development & Social JusticeMeasurement of Development & HDIFiscal Federalism & Finance CommissionBilateral TradeStatistical System of IndiaPower SectorCentralised Payment SystemPublic FinanceAtal Pension YojanaPayment SystemsDigital GovernanceSocial Security SchemesFinancial MarketsIndustrial PolicyGST AdministrationGDP and Growth ForecastsSEBI and Capital MarketsCustoms TariffVenture CapitalInsurance & Maritime TradeRural EmploymentForeign Trade and Balance of PaymentsTrade AgreementsInternational OrganizationsInflation and GrowthStartup India FundingExternal SectorInflation StatisticsEnergy SecurityCredit GuaranteeMacroeconomic IndicatorsAgricultural ProcurementFood SecurityStartup EcosystemTransport InfrastructureRoDTEP SchemeCivil Aviation MinistryPower and Energy DemandProduction Linked IncentiveAviation SectorInfrastructureMiningAgriculture MarketsRoDTEP Export SchemeAgricultural MarketingAgricultural PricingEnergy InfrastructureNational AccountsDirect TaxesEnergyMining Sector ReformHighway TollingElectronic Toll CollectionFertiliser SecurityLabour Force ParticipationEconomyFree Trade AgreementsFree Trade AgreementNITI Aayog Trade Watch QuarterlyDigital PaymentsGDP EstimatesTextile ExportsGender StatisticsMerchandise Trade CompositionEconomic Concepts and Indian EconomyEnergy DemandGeneral Knowledgeupsc-p1-economy-inflationMoney, banking and the financial system (RBI)upsc-p1-economy-external-sector-bopupsc-p1-economy-money-rbi-monetary-policyPublic finance: budget, taxation, GST and fiscal policyPublic finance: budget, taxation and GSTPoverty, unemployment, inflation and inclusive growthPoverty, unemployment and inflationMoney, banking and the financial system (RBI, monetary policy)upsc-p1-economy-basics-national-incomeupsc-p1-economy-planning-niti-aayogupsc-p1-economy-banking-systemupsc-p1-economy-financial-markets-sebiupsc-p1-economy-international-trade-wtoupsc-p1-economy-agriculture-economicsupsc-p1-economy-intl-economic-institutionsupsc-p1-economy-reforms-lpgupsc-p1-economy-taxation-gstupsc-p1-economy-digital-fintechupsc-p1-economy-fiscal-policy-budgetupsc-p1-economy-foreign-investment-fdiupsc-p1-economy-inclusive-growthInternational Tradeupsc-p1-economy-industry-msmeRajasthan GKInflationupsc-p1-economy-employment-labourupsc-p1-geography-india-transportupsc-p1-economy-infrastructure-pppStartupsupsc-p1-current-affairs-economy-budget-surveyupsc-p1-economy-demographics-hdiGreen RevolutionGovernment SchemesTourismupsc-p1-economy-poverty-unemploymentupsc-p1-geography-india-industriesSteel SectorIndian Railwaysupsc-p1-geography-world-agriculture-economicECLGSPlanning CommissionLogisticsAgricultural PolicyAgricultural revolutionsAgriculture PolicyBanking and FinanceCooperativesCritical MineralsDigital FinanceEPFOEleventh Five Year PlanEmployment SchemesFCV tobacco marketFertiliser supplyFertilizers/Green UreaForeign InvestmentForeign TradeGI TagHorticultureIndia PostIndia TradeIndia-UzbekistanIndian EconomyIndustrial classificationInvestment Friendliness IndexAgri ExportsMSMENITI AayogNational SC-ST HubOnion bufferPM-KISANPSU MergersPension and Social SecurityQuality Control OrdersRural DevelopmentShip RecyclingTextilesTobacco Board reviewUnincorporated SectorWindfall TaxeSaras and DAY-NRLMupsc-p1-current-affairs-art-culture-heritageupsc-p1-current-affairs-reports-indicesupsc-p1-economy-govt-schemes-programmesupsc-p1-economy-public-finance-fcupsc-p1-geography-india-agriculturePFRDA and Pension ReformHorticulture ExportsNABARD and rural creditAgriculture and SchemesGreen Urea and Green HydrogenNarasimham CommitteeGreen SteelNational Food Security MissionNational Income Accounting base yearAgriculture and MSPNational Steel PolicyNew Economic Policy of IndiaAgricultureOperation Flood and White RevolutionPFRDA NPS ReformAgricultural technologyAgricultural price support schemesAgricultural missionsPer capita incomeAgricultural mechanizationPoverty measurementGovernment Schemes and Credit PolicyGoods and Services Tax NetworkGSTIN structureForeign direct investmentForeign Trade and ExportsForeign Trade Policy and export schemesFood security institutionsPurchasing Power ParityMGNREGA Wage PaymentRBI NBFC RegulationRail ConnectivityRailway EngineeringRailway InfrastructureFive-Year PlansRegional Rural BanksReserve Bank of IndiaFive Year PlansFiscal policy formulationAgricultural income taxFinancial sector regulatorsRural EntrepreneurshipFinancial institutionsSMAMSVEP FinancingSecurities and Exchange Board of IndiaFinance Commission devolutionupsc-p1-economy-sustainable-development-sdgAgricultural finance institutionsExternal TradeSocial SecurityEnergy and Power SectorSocial welfare schemesSpecial Economic ZonesEnergy and MiningEnergy PolicyEmployment and unemployment surveysEconomic planning in Indiaupsc-p1-environment-agriculture-environmentTReDSTaxation and Capital Marketsupsc-p1-environment-sustainable-developmentupsc-p1-geography-economic-resource-locationDairy ProcessingDairy CooperativesTrade and ReportsCooperative SectorTypes of government budgetUPI institutional frameworkUPI transaction trendsUnified Payments InterfaceMonetary PolicyUnion Budget 2024-25: fiscal deficitUnion Budget reformsUnion tax revenueVariable Rate RepoCooperative MobilityWealth Tax in IndiaWhite RevolutionAgricultural exportsAgricultural Export LogisticsConsumer protectionupsc-p1-geography-world-minerals-industriesupsc-p1-current-affairs-science-tech-newsCoal Exchange RegulationCoal Exchange RegistrationBlue RevolutionBharat Taxi in RajasthanBanking: Statutory Liquidity RatioBanking history in IndiaBanking and Insolvency ResolutionBanking & FinanceIndustry and ManufacturingInflation and Price IndicesIndustrial sectorsIndian economy at independenceInternational RelationsIndian currency notesBank Governanceupsc-p1-science-tech-blockchain-quantumKeynesian economicsIndia-UK CETALiquidity Adjustment FacilityAsset Reconstruction FundMNREGA: women reservationAgriculture and allied sectorsMSME paymentsIndia-Australia trade agreementsMaritime SectorIndia Post Q1 RevenueIncome inequality measuresMineral ResourcesMinimum Support PriceImport protection policyIBC and Banking SectorHuman development indicesHuman capital formation