Multiple Choice Questions on With reference to Fertilizer subsidy consider the following statements The MRPs of urea and non urea........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

With reference to Fertilizer subsidy consider the following statements The MRPs of urea and non urea...........

Economic Affairs Agricultural Policy and Growth
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    With reference to Fertilizer subsidy, consider the following statements

    1. The MRPs of urea and non-urea fertilisers are decontrolled or fixed by the companies.
    2. All Non-Urea based fertilisers are regulated under Nutrient Based Subsidy Scheme.

    Select the correct statement.

    1 only

    Incorrect Answer

    2 only

    Correct Answer

    Both

    Incorrect Answer

    None

    Incorrect Answer
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    Explanation:

    The MRPs of non-urea fertilisers are decontrolled or fixed by the companies. But, for urea the manufacturers are required to sell the fertiliser at the government-set Maximum Retail Price (MRP).

    • All Non-Urea based fertilisers are regulated under Nutrient Based Subsidy Scheme.

    Hence only statement 2nd is correct.

    By: Shubham Tiwari
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