GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Eliminating subsidies will eliminate the goal or equity
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Eliminating subsidies will increase the inequality between rich and poor farmers and violate the goal of equity.
Detailed explanation-2: -Understanding the Equity-Efficiency Tradeoff A conflict (and tradeoff) between efficiency and equity can occur if the members of society-or the policymakers who decide how a society operates-prefer other moral or ethical systems over pure utilitarianism.
Detailed explanation-3: -Providing universal public services for fair treatment. Targeted action for disadvantaged groups. Social protection. Redistribution. Challenging embedded power imbalances. 13-Nov-2009
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