SSC MTS EXAM

Detailed explanation-1: -subsidy, subvention are both grants of money, especially governmental, to aid private undertakings. A subsidy is usually given to promote commercial enterprise: a subsidy to manufacturers during a war.

Detailed explanation-2: -Subsidy is a payment that a. government makes to a producer to supplement the market price of a commodity.

Detailed explanation-3: -A subsidy is a grant of financial assistance. Many school districts, for example, offer a subsidy to low-income families for book fees and lunch costs. The family pays a set amount and the district makes up the difference.