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Amid a sharp increase in global fertilizer prices, Finance Minister Nirmala Sitharaman announced that the government will provide an additional fertilizer subsidy to farmers to help them cope with the price increase. With this, the government's total fertilizer subsidy is expected to reach _____________in the current fiscal year 2022-23.
Rs 1.15 lakh crore
Rs 1.50 lakh crore
Rs 3.15 lakh crore
Rs 2.15 lakh crore
None of the above
- The statement mentions Finance Minister Nirmala Sitharaman's announcement about additional fertilizer subsidy due to rising global prices.
- The government aims to support farmers by adjusting the subsidy amount to mitigate price increases.
- Option 1: Rs 1.15 lakh crore - This seems lower than expected given additional subsidies.
- Option 2: Rs 1.50 lakh crore - Also seems insufficient in the context of increased subsidies.
- Option 3: Rs 3.15 lakh crore - This amount seems excessively high for the stated context.
- Option 4: Rs 2.15 lakh crore - This is a plausible number aligning with the context.
- Option 5: None of the above - Not applicable as a correct option exists.
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